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To: Zardoz who wrote (7951)8/2/2000 9:35:52 AM
From: LLCF  Respond to of 436258
 
<What's a matter Davis, your hedge fund returns take a dumper this year and you want to vent on someone. Even you
should know an earlier investment is just lost opportunity. Post to me when you know something.>

No need to attack... just stating the obvious, any investor knows you'll never catch moves perfectly. You're assertion that gold will rally in 6 months just backs my position... no 'investor' would wait around to try to pick the 'divine moment' to invest in something they feel strongly about... you just keep buying and average in:

1. I'll tell you what, you post me the day when gold is going to take off O.K.??

2. Yea, my lost opportunity cost of t-bills for 6 months?? Also remember, if you've been following along, that there is lots of money being made here buying HM below $6 and selling some off up over $7... beats T-bills all day.

3. My name isn't Davis.

4. I'm having a great year... thanks for the concern though.

DAK



To: Zardoz who wrote (7951)8/2/2000 11:42:27 AM
From: Archie Meeties  Respond to of 436258
 
Hutch, didn't you say you were long the XAU as of last week?