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


To: the Chief who wrote (50631)5/13/2000 10:41:00 AM
From: Lucretius  Respond to of 99985
 
ROFLMAO....



To: the Chief who wrote (50631)5/13/2000 11:11:00 AM
From: el paradisio  Respond to of 99985
 
the Chief,I am not very bullish on the market,nor bearish,but your view on the Gold subject is correct.
If Gold would be so attractive,cananadian resources should booming.Unfortunately,Gold companies struggle to survive.
I agree $300 is a top price.
el



To: the Chief who wrote (50631)5/13/2000 11:23:00 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 99985
 
Chief:

Glad you agree that gold is manipulated and is not a free market at all. Are you merely assuming this manipulation or do you have facts to back up your thesis?

The fact is virtually everybody in the investment community (except Larry Kudlow and Wayne Angell) know that gold is manipulated and do not pay any attention to it as an economic or inflation indicator. The reason for the manipulation now appears to be mainly to support the huge bullion bank short position. But this may yet blow up in the faces of the manipulators.

On the market I am both bullish and bearish. Still very bearish on NAZ -- I do not think we have seen the lows by a long shot. Not until folks like you stop expecting a big comeback in the near future will the lows be in. But bullish on value, basic industry, and especially Europe. In Europe we have the potential for very large gains from value funds -- combing significant stock appreciation and big currency profits.