John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Step1 who wrote (6261)	6/6/2002 1:24:25 AM
From: macavity	Read Replies (1) of 33421

Thx for filling in the gaps. I agree nothing has started yet. Nothing may happen, but if panic gets a grip then we aint seen nothing yet! POG more than 500 - no problemo, next stop 800. Thing is Japan may sort itself out. How? I have no idea. I too talk to people, and they all seem non-plussed about the bankrupt banks. We are at the start of something major here. I am looking at other mining and metal groups and they all seem to be getting a bid in long-term charts. I would love to see POG below 300 again by central banks, or something. Metals and Mining are definitely long-term buy and hold. We have competitive devaluation, and trade protectionism slowly and silently exploding around us. I doubt they will be able to dig gold out the ground fast enough. -macavity

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