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Strategies & Market Trends : Three Amigos Stock Thread

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To: LTK007 who wrote (9073)9/25/1998 9:25:00 PM
From: Sergio H  Read Replies (1) of 29382
 
Max, I'm not ready to invest in gold stocks. If we truly are going into a recession as Japan is experiencing, commodity stocks are not going to be profitable. It's worth watching and playing the gold index on days when the market is down and oil is also down, if you want to position trade.

Today's hedge fund mess is a big story that has been overshadowed by the significance being placed on what the fed will do next week.
What the Fed does on Tues will have the single largest effect on world markets than any other action in recent history that I can think of.

It's unfortunate to see that the situation has turned this way, because I still don't believe that an interest rate reduction is going to be beneficial to our country in the long run.

Sergio

ps More trouble for THNK. This out after the bell:
biz.yahoo.com
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