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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: marcos who wrote (71113)2/9/2009 1:05:32 AM
From: Maurice Winn1 Recommendation  Read Replies (1) of 74559
 
I don't know anything much about the mining business and have wondered about TIE's trajectory from low to super boom to bust over just a few years. I enjoyed seeing the "pump" spike when the broker contacted me promoting it. They got quite a spike going there so they obviously had some success in selling the stock. See if you can detect the spike here: finance.yahoo.com

Your comments about debt/capital must be the reason for such large swings. I assumed it was just the price of titanium and reduced aircraft orders or whatever titanium is for.

I suppose I'd better have a look at KTN and see what it's about. Thanks for what I take to be a recommendation. ... A quick look at the graph and $2 down to 50c hasn't been a fun ride. Buying gold is a current fashion, but not everyone is getting rich quickly, or even preserving wealth.

Zinc is the opposite of gold = a very active metal which performs all sorts of chemical tricks while gold does nothing, other than a few mechanical stunts such as spreading really really really thinly. As you say, with no oxide layer forming, or other corrosion products, gold is a handy connection layer to enable cyberspace electrons to drift around unimpeded.

Mqurice
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