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

To: pater tenebrarum who wrote (33553)	5/17/2000 7:22:00 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 42523

Fleck comments on gold and currencies in the Rap: "Worth its wait. . . Gold was very weak today on the back of extreme weakness in the Aussie dollar, and the euro made a new low against the dollar today as well, at one point trading just under 89 cents to the dollar. I continue to find it interesting that we have a complete bonfire of the currencies going on around the globe, while gold also gets smashed. It just makes you wonder. Never before has it been so obvious that paper currencies are worth zero and at the same time nobody wants to own the one thing that has been a currency for thousands of years. At some point this will resolve itself to the upside for gold, but for the moment paper continues to carry the day, most likely because the dollar continues to be well bid. . . for now.

To: pater tenebrarum who wrote (33553)	5/17/2000 8:12:00 PM
From: RocketMan	Read Replies (1) \| Respond to of 42523

The S&P Composite fell 86 percent between its top on Sept. 7, 1929, and its bottom on June 1, 1932, and this cumulative decline was the result of 365 up days and 431 down days. This is an interesting and surprising statistic. There were 365 times when someone may have thought the bottom was in. And 431 times when someone may have bought the dip. It's important to recognize the long term trend in any market. Just as it's hard to be wrong buying into a bull market, it's hard to be right buying into a bear market. A bear market will even hand the monkey her head. And we're not in a bear market. The monkey's been getting killed this month, but year to date the monkey is still kicking the dow's and naz's asses. monkeydex.com