SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Webster Groves who wrote (77432)10/27/2000 1:35:49 PM
From: John Doyle  Read Replies (1) | Respond to of 95453
 
The only reason for me not to buy back in is if we have Global Recession. Today's GDP report signals a slow down, and I belive that also signals the Fed to go neutral at the next meeting. Never underestimate the Fed to supply liquidity when and if needed to continue the expansion. So.........this pullback is a buying opportunity.

The dollar goes down, gold up today. The markets will like that to a point as many multi-nationals with sales in Europe will have better EPS numbers... just look at the DOW today.

The question I have to myself is, at what point in the dollars fall will cause expectations to change!