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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (57088)10/19/2000 1:38:43 PM
From: Rich1  Read Replies (1) | Respond to of 63513
 
I can read but having trouble posting.. MSDW site was down for over an hour today, nice...
Looks like SI fixed now...



To: Jorj X Mckie who wrote (57088)10/19/2000 2:49:46 PM
From: Don Pueblo  Respond to of 63513
 
We gotta get to around 3641 on the COMP and hold there or this rally will fail. Let's see what happens in the next two weeks.



To: Jorj X Mckie who wrote (57088)10/19/2000 2:57:47 PM
From: long-gone  Read Replies (1) | Respond to of 63513
 
Could this be the Bottom indicator you were looking for? Afterall, Governments always make the worst decision at the worst time don't they?

Fox News

Colorado Town Builds City Hall on Gold Bed
Wednesday, October 18, 2000
MINTURN, Colo. — Every town has its lifeblood, but for the bedroom community of Minturn, Colo., it is like the undercurrent — something you cannot see, but know is there. That is how the 1,200 town residents feel about their latest discovery.

It is spattered on rocks and dispersed in the dirt: gold. It's a recent discovery and the result of the excavation of the construction site for the new city hall.

Rumors quickly circulated around town that there could be a gold vein just waiting to be tapped.

"We hope there's gold everywhere," said Thresy Jensen, a local waitress.

But the search for a gold vein would hold up construction of city hall. Besides, residents wonder, how much is the gold dust really worth? Not much, thanks to the low price of gold right now.

"At $270 an ounce, if you could mine 500 pounds it would be worth $200,000. (And would) probably cost you more than that to get it out of the dirt," said city manager Alan Manning. "I'm not going to hold up three million bucks for two hundred thousand."

Most of the residents have been living here for generations and have seen the boom and bust cycles of the gold industry. So naturally, there is some disagreement over what this all means.

"There's still enough there for conversational purposes," said Roy Turnell, the town electrician.

It has been many years since there was any serious talk about mining gold in Minturn. The adjacent town faded away once the mining was done. But Jensen said the recent talk is starting a frenzy of sorts.

"I'd dig in my back yard for gold," Jensen said.

Eventually, conversations will be all that remains of the gold, as the construction continues. And soon, a new city hall will sit on top of the town's golden past.

— Fox News' Alicia Acuna contributed to this report

foxnews.com