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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (32785)5/12/2000 4:44:00 PM
From: re3  Read Replies (3) | Respond to of 42523
 
bot softie calls, the june 70's at 3.375 this am and morganna poots, the june 115's at 2.375

wish i'd a waited on morganna but thats life in the big city.Don Hays

the first bit of this gold eagle post quotes from Don Hays. has anyone posted any comments of his recently ??
(observer) May 12, 14:15

veteran market watcher says the first phase of this bear is OVER. Sees 2-3 months of relatively strong markets before phase 2 begins.

If he is right gold ain't going anywhere in the near future.

The action remains terrible and the shorts obviously have the market under good control. Dollar down hard hard today, but gold stocks taking it on the chin anyway.

This will all change radically someday, but only a fool will try to predict when. Wish I had a dime for every prediction of an imminent gold bull these last few years.

That said I am not selling any of my gold fund holdings. (6% of my assets). But I would not dream of adding more unless the action radically improves.