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Strategies & Market Trends : Overnight Markets & News
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To: GROUND ZERO™ who wrote (169)12/1/1997 12:25:00 PM
From: Cage Rattler  Read Replies (1) of 233
 
GZ:

First a word via email cut n' paste from Staff.

"There was no reason for Silver to move from $1.20 to $50.00 oz. but it did. It did because the Hunts had the cash and clout to move the market. They found they could move the market but even with all the billions they had they could not MAKE the market. Please relay this to GZ because my time is limited and I can't post or get back to everyone, so maybe since you 2 converse you can fill him in for me.

Anyway... I think the bubble has burst as it where. Now, the US and all the other countries around the world can intervene. They can throw money at it via the IMF. They can use tons of band-aids hoping to keep this market from blowing up in their faces.

Like the Hunts they have the assets to move the markets as it where. But... like the Hunts... they will find they can not MAKE the Market. The market will eventually win out over the long run. Eventually they will make a mistake or exhaust all their resources which will only delay the inevitable not prevent it." <END QUOTE>

Today's market, and it's only noon, is unbelievable. The stock I mentioned earlier is looking more and more like a short opportunity but not for me. I'm sitting with the cards I hold.

This charting of Staff's is very intriguing and almost unbelievably accurate on the LB interest projections. Let me ask you, do you know of a way to accurately plot our lines onto Excell charts other than eyeball and the line insert feature? I could probably develop a VB 5 interface using these data, but I hate to venture that far off track at this point.

Ciao, Ted
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