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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: Bob Walsh who wrote (6936)8/9/1998 10:38:00 PM
From: JACK R. SMITH JR.  Read Replies (3) of 14226
 
Bob,

If I can be of any assistance with the bearing, please let me know!

I realize as a result of recent conversations with short term traders and day traders, I feel compelled to present my view (s) again. I am a longer term trader. I have just realized that they do not share my views. I thought that everybody shared my views! Shame on me!

Perception is in the mind of the perceptor. He has his and I have mine. I find it extremely troublesome when communicating my view to a short term trader, and my views do not apply there!

Let me tell all that I am not a short term trader, and if you are, then take no advice from me. Can I make short term predictions--yes.

I predict that Palladium will rise to $319 within seven days! Let the recorder wright that in the record!

Back to the subject at hand. When I say that I am "Oily, Jack", I mean that in relative terms. I mean that I think that "Oily stocks" are at a relative low (not next week or month, but at a relative low).

A daytrader might see that as absolute "crap", and he would be right within his time frame.

That is all, and just trying to make peace with the "short term traders".

Jack!!
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