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To: long-gone who wrote (39770)8/30/1999 8:07:00 PM
From: d:oug  Read Replies (1) | Respond to of 116805
 
Richard, your post may identify that the nature of derivative transactions
have a complexity that few understand.

I am sure David Tice has enough indepth insight into that proprietary 90% Loan
to call it a derivative transaction and ticking time bomb, but I feel that his paint brush
stroke is too wide and has colored as dark other investment types similiar in nature.

Months ago I mentioned that Hutch would make an excellent front line military general
because he understands the current landscape he has to deal with from the knowledge
that created it and then extrapolates possibe changes from current. Like playing chess
one not only has to understand furture moves based on the present positions,
but one also has to understand what caused the current from past intentions.

The person you overheard say <<changes the rules mid-game>> is a complaint
from someone that did not undestand how current is changed from past events.
The rules he spoke of were already set long ago, he just did not have the skills
to plan for them. This is where Hutch can go, as he said today <<play both sides>>
not in a that side this side way, but bet your money in more than one angle of the
same game so that you always have a position of strength when another portion
of your play retreats or falls to the enemy.

<<PS: No I still see gold hitting a short term low in OCT 1-14, and starting a bull run in Nov 1-14/99 {should last 6 months}. Till then I expect lower lows. Hutch >>

So I will take this prediction as most probabile.

Doug