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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (28732)	10/7/1999 11:45:00 PM
From: sean sanders	Read Replies (1) \| Respond to of 99985

I should have know GE would do something like this. I was playing BA pre earnings and it pulled something similar like GE is doing. ie BA climbed up and the day of earnings made a small dbl top and went down after that. ie GE looks just like that; almost picture perfect ie day before earnings and day of. Sean

To: pater tenebrarum who wrote (28732)	10/8/1999 1:46:00 AM
From: Don Green	Read Replies (1) \| Respond to of 99985

S P E N D I N G One of the Key differences between Americans and Japanese The Japanese don't seem to want to START and the Americans can't seem to STOP.. Where will it end??? Washington: U.S. consumer borrowing grew in August by the largest amount in seven months as spending by Americans showed little sign of abating, Federal Reserve figures showed today. Borrowing rose by $10.8 billion in August to a total of $1.37 trillion. The increase was bigger than the $6.6 billion expected by analysts and follows a gain of $8.9 billion in July. The Fed originally reported July borrowing had risen $8.8 billion. The increase means consumer debt has been growing at an annual rate of 9.6 percent as of August, compared with 7.9 percent in July and 5.4 percent in 1998. And shoppers were still packing store aisles in September: sales at retail chains rose a higher-than-expected 6.7 percent from a year earlier, a private industry report showed today.

To: pater tenebrarum who wrote (28732)	10/8/1999 2:45:00 AM
From: EDavis	Read Replies (1) \| Respond to of 99985

I saw this on the Gold Price Monitor Thread. To: PaulM who wrote (42404) From: Michael Collings Thursday, Oct 7 1999 6:28PM ET Reply # of 42429 Someone posted an article earlier today but the balance of the article was missing from the news site. I got the rest off Dow Jones News wire at work and it lists Merrills estimates of hedging activities by a number of North American Companies: Merrills estimates are as follows: No Hedging activities at all by AGE, BMG, GG,GLG, and T.FN (Franco Nevada). HM has only 1% or 340,000 ounces of its reserves hedged. Barrick has fully hedged its production until the end of 2001 at a price of $385 and Cambior Inc is fully hedged until the end of 2002 at a price of around $320. Placer Dome's hedge position is stands at some 5.6 million ounces at a price of $400 per ounce or 12% of its reserves. Echo Bay has 19% of its total reserves hedged at an average price of about $335 per ounce. Meridian Gold has 16% of reserves or 480,000 ounces hedged at a price of about $310 per ounce. Aobout 20% of Meridians' 2000 and 2001 gold output is hedged, Merrill estimates. Only 1% of Newmont Mining Corps' reserves are hedged.

To: pater tenebrarum who wrote (28732)	10/8/1999 8:00:00 AM
From: snake	Read Replies (1) \| Respond to of 99985

Heinz...what site do you view to see what the funds are selling???

To: pater tenebrarum who wrote (28732)	10/8/1999 8:04:00 AM
From: Matthew L. Jones	Read Replies (1) \| Respond to of 99985

Heinz, Funny you should mention this... Last night, right before the close (last 2-3 minutes) I was watching my AOL position which was trading at 123 and some change. I blinked and it was trading at 118! Now this is not ONSL! This is AOL! I looked over at my CNBC screen and Maria was doing her closing market thing (and she stands by the post of AOL). She said there was a big commotion at the AOL post. Apparently, there was a LARGE market sell order of AOL (enough to drop the price $5 in 10 seconds) which indicates to me at least one institution taking profits prior to today's employment numbers. As you know, AOL often leads the sector. I, personally, am staying long AOL but you might well be sensing a good short term topping. Matt