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Pastimes : JESUS and FINANCIAL FREEDOM -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (1208)10/12/1999 5:41:00 PM
From: gregor  Read Replies (1) | Respond to of 1283
 
Dear Barry:

I got out of my gold position on the third day of the rally. Praise God. It looks like it was a short squeeze and the squeeze is coming to a close. I cannot even imagine how many margin calls went out. Those Chicago boys are a mean lean bunch. There will be plenty of time to get back in. At this point my next entry point is 290.00. What do you think .?



To: yard_man who wrote (1208)10/13/1999 3:52:00 PM
From: gregor  Read Replies (1) | Respond to of 1283
 
I,m all cash right now. My money market yield the last three months has gone like 4.78%, 4.85%,up to current 5.05 %. I'm not complaining, you might see the mm yield go to 5.25%; not bad for a safe money market federal yield, while almost everything else is tanking. When I move it will be decisively, REIT, utilities, long bonds, high yield bonds will all bring in annual yields in the 12% range the next 24 months......and more.


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