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To: Crimson Ghost who wrote (37919)7/28/1999 7:12:00 AM
From: Bobby Yellin  Respond to of 116762
 
I didn't say Goldman was wildly bullish..I said now that goldman
says it is okay to buy some gold stocks..
We obviously view the markets quite differently..I view it as a pyramid where big players look for entry points and exit points..
brokerages load up on stocks and then later come out with buy recommendations or unload stocks and then come out with sell recommendations..only a few like Vinnick can beat the street..
On a greater world view, students of market like Armstrong seem
to look beyond all the babble and look for underlying money flows..
I wouldn't put my money with Armstrong but I would with Vinnick..
With such a small market, I don't trust lease rates etc..sometimes
they telegraph moves sometimes they whipsaw..the market is too easy
to move because of its size..
Goldman just gave the okay signal..now to watch when they close the door again
ps now I am watching reits for fun..Calpers gave the signal a little while ago when they invested two billion..big money will follow