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To: John D. McClure who wrote (38275)	8/3/1999 10:32:00 PM
From: d:oug	Respond to of 116764

John, I agree with you that only the tip of the iceberg is starting to show itself now. Lots of GATA views point to a controling process that's under the iceberg that until recently in these last weeks, had successfully keep this iceberg completely under the water's surface. Its almost like lots of new and unexperienced people have been lured into this market, this body of water, by those person's GATA is going after, by showing people a smooth calm sea with no obsteacles on the surface. But all they did was pull underwater those icebergs, and now they are losing their grips and the iceburg has risen to show it's top. Sad to say that these unexperienced people in the market do not know the structure of icebergs, that under the water surface is danger, and to them they will try to row their boat around the ice they see above the water line, and not know that their boat is going into the ice under the water. margin investing = a mirage in the desert actually containing water, but the water can turn into poison. Folks here should not lol towards Hutch, for every mistake Hutch makes, others make ten. In the end few leave the table with as many chips. Bubbles, gold, fools gold are all possible dangers reqiring early warning systems and escape routes. Hutch knows them all, as needed. For most a year early rather than a day late is needed. I bet Hutch has the inside track of access to let him escape the big damage stuff. Unless Hutch gets caught by surprise, thru GATA's stuff not taken seriously by him, then his day early might not be enough. Doug