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Strategies & Market Trends : Roger's 1997 Short Picks

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To: bobby beara who wrote (4411)7/31/1997 11:29:00 AM
From: Joss   of 9285
 
Hi Bob,

I understand the reasoning and don't disagree that the market will not go up forever, however, for fixed assets such as gold to make a serious comeback (not just a bounce) --- you have to project inflation. In the past, gold was also a haven during upheval (war ect), but this has not been true as of late. If we could see clearer what was going to reverse the marketplace...we would know where to go. The trouble with arguments for anything other than a correction is that I have not seen the event or driver. Market tops can take an agonizingly long time to develop. If you see, or think you might see the driver...please let me/us know. (nervous but nowhere to go <grin>)

Steve Mynes
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