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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.45+0.3%12:45 PM EST
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To: Bearcatbob who wrote (2887)12/4/1998 4:54:00 PM
From: Dave R. Webb  Read Replies (1) of 4066
 
I think that the logic that any of us use to make our decisions appears to be out of sync with reality. The markets do not seem to make any sense, both on the upside and downside. I detect a sense of capitulation in people these days. As contrarian indicators go, it doesn't get more positive than this.

I suspect ones sense of reality can be suspended for short periods, but in the longer term, fundamentals must prevail. Yes, lots of money can be made during these periods of suspended reality, but the converse is true as well.

Let's see how this movie ends.

Dave
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