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To: yard_man who wrote (1149)6/11/1999 9:50:00 PM
From: gregor  Read Replies (1) | Respond to of 1283
 
Dear Barry:

Well I've been fighting it a long time but I cashed out. The rumor of another hedge fund going under, emergency meetings by the fed reserve. It wasn't the best timing but some of my indicators have not turned positive and others have broken support.

I really do not feel this will be a meltdown, or the big kahuna but I do feel that I can sit out safely on the sidelines while I wait for those long term treasuries to top out in the 6.25 to 6.5 range. I feel that they will shoot higher than most are expecting and that the fallout from Y2K and higher rates will ensure that we have seen the highs for this year. Did keep 3% in my gold fund. I might double up on it if things get any crazier.

Hey take care....have a great weekend..........Gregor