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Pastimes : JESUS and FINANCIAL FREEDOM

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To: yard_man who wrote (1035)	9/6/1998 5:46:00 PM
From: gregor	Read Replies (1) of 1283

Hi: Just wanted to let you know that I am praying the Lord get you through this financial storm that we are in the midst of. pathfinder.com Greenie says he might lower rates but I don't think the feds meet until the 29th of Sept. Your gold positions turned out to be "timely"; NEM up 50% in one week. Right now I'm 95% cash and 5% gold and own 25,000 shares of a penny stock just in case the Lord sees a need on my horizon that I am not anticipating. In a way I am hoping Uncle Greenie leaves rates the same. If he raises people will think he is crazy to do so in a deflationary environment, if he lowers people will think things must be worse than they thought. Either way we are sunk. Lowering rates can very possibly have the reserve effect of sucking money out of stock equities rather than making stock equities more attractive, because of fear and panic. I hope not, but it will make it very difficult to call a bottom. I called the top on Aug 10 and was about two week late on that call. It is impossible to call the bottom at this point it could be this Oct or next Oct who knows. In Christ.gregor

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