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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (59791)	10/14/2000 8:47:29 AM
From: Richard Mazzarella	Read Replies (3) \| Respond to of 116759

Rare, why do you consistently needle the goldbugs? Nothing you say will change the hearts and minds of the remaining gold bull believers, it's a religion, why do you persist? <<classic relief rally>> That in my mind would be leaving these people in peace.

To: Rarebird who wrote (59791)	10/14/2000 9:33:35 AM
From: gregor	Respond to of 116759

Rarebird: Nice comments. The short positions did not wish to hold them over the weekend; so like you, we go back down first of the week. The bear has gasped for the next to last time, long live the bull.!!

To: Rarebird who wrote (59791)	10/14/2000 9:44:34 AM
From: marek_wojna	Respond to of 116759

<bitterness is no substitute for analysis> I remember very well known analysts, even COHEN speaking month ago that the worst is over, the internet stocks are of the great value, lots of bla bla bla about fundamentals. I'm also very pro high tech. All I wish that other nations are rich enough to implement it. Then nobody will have to see value of some techs going down 70 times. Talking about fundamentals - they are here for high tech but in my opinion there is still a long downhill road for them. When it comes to gold I'm positive that you know better than most traders - when first fundamental is discussed gold will be sitting at $360

To: Rarebird who wrote (59791)	10/14/2000 10:35:42 AM
From: long-gone	Respond to of 116759

<<I don't think we hit bottom yet. What we saw yesterday was a classic relief rally. >> Yes, but it was a MASSIVE relief rally. I agree we NEED a lower low! There just simply was NOT enough fear! To cutsie of a V bottom! To many peple were still sitting & asking "IS IT BOTTOM YET", "IS IT BOTTOM YET". You can't see a solid bottom when everyone is looking for it, You only find a solid bottom when 97% of the folks are asking "IS THE WORLD ENDING" Not, "Is it bottom yet"?

To: Rarebird who wrote (59791)	10/15/2000 9:36:32 AM
From: Archie Meeties	Read Replies (2) \| Respond to of 116759

Rarebird, you couldn't be further from the truth if you think I'm bitter about buying gold at $270 for the past month and hitting the XAU last week and the week before. Gold bug? I don't know what this label means. I buy gold when it's cheap and will sell it when it's expensive. Here's the posts, from yours truly, the "brainless" one. LOL. Message 14250337 Message 14539508 Does your analysis of the gold market go any further than looking at what dollar index was yesterday and the day before? In the little March/April correction overseas equities were sold and treasuries bought - hence the dollar was strong during this period. If you're waiting for the dollar to fall for gold to rise, why not just say you're waiting until gold goes up to think that gold will go up? How hard is it to think about the reasons the dollar goes up or down? It's not. The strength of the dollar is contingent on the continued purchase of US equities by foreign investors, which in turn is dependent on the perception of growth in US companies exceeding those in foreign nations (chiefly Europe and Asia). We are entering a period were future growth is slowing and will be widely questioned - the possibility of a recession is no longer dismissed out of hand. Foreign fund flows have been slowing recently, in contrast to the April/May period, when they were big buyers. Now why is this? Again, the answers are not difficult. As a % of GDP US equities still stand at historic highs while European assets, for example, are roughly half as pricey. And there are more serious problems, such as the lack of savings, the junk bond hits from failed inut companies, slowing of domestic consumption, etc. The fund managers who get weekly updates from the companies in this index are communicating something. What do you think it is? stockcharts.com[H,A]WACLYYMY[DD][PB50!B200][VC60][IUB14!LA12,26,9]