VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (51970)	5/23/2002 2:19:23 PM
From: mt_mike	Read Replies (1) of 65232

I agree, the government can spin it all they want, but they have lost control. Do you think the government steps in and bails out JPM in the event of a blowup, or that global CBs step in soon and start dumping gold to attempt to hold down the price and maybe allow JPM a chance to escape with limited damage. I don't, I think we are getting close to a point where all the CBs are going to start acting in their own best interests and say the hell with JPM. Still waiting for the bear trap. I think the bear trap was set for the fools who bought the CSCO/AMAT rallies. It is sad that people will not give up on the tech hopes and dreams. Technolnogy is good but stock prices must sink to reflect reality. Wait until the tech money eventually finds its way to gold. When it does just remember to get off the elevator near the top.

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