TSIS: WHAT IS GOING ON? Message Board

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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: R. Gates who wrote (3641)	9/6/1998 1:54:00 PM
From: R. Gates	Read Replies (1) of 6931

For my TSIS friends: Everyone check out these sites (after reading below): urbansurvival.com prudentbear.com fiendbear.com I don't mean to put a downer on anyone's day but I think there is a good case to be made that the world's financial situation is going to get much worse before it gets better. Our little company TSIS can't help but get caught up in the pending meltdown. I say "pending", because the losses we've seen in the DOW (19% off it's high) ain't nothin compared to what could lay ahead. Read the pages I've tagged above for some perspective. My scenario is that the Fed will lower rates and the Markets will get a bounce off of it, but it will be a temporary bounce. I plan to use the bounce to SELL! This should all happen (the Fed lowering and the bounce) sometime in September. October could be very very bad. I really hope this above scenario is wrong, but everything points to it being right. We all must use our own best judgements of course, but I intend on buying gold related stocks. One of them that I've already started buying is ASA, but there are of course many other very good ones. As currencies fall along with bonds and stocks, Gold will be the same safe haven it always is in times of trouble. Even if Russia sells it's gold, there won't be enough in the world to go around for everyone looking to buy it. Best Regards, R. Gates

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