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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Scott Bergquist who wrote (1280)	12/5/2000 10:40:25 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 74559

AG relied on others for his decision, and distancing himself from the problem gave him a distorted notion of how much $$ was "too much". Well, when I was learning how to make things go "boom" while in the Army, the catch phrase was always "you can never have enough", or "P is for plenty". Kinda like when you borrow money or do an IPO.. always make sure you borrow enough... and then add 10% on for good measure. I think Y2K was like that for AG... The risks of NOT having enough liquidity should disaster strike, far outweighed having too much. And hey, in case you had forgotten.. there were tons of gold bugs out there telling us that gold would soar just prior to Y2K. Oh well... Regards, Ron