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To: pater tenebrarum who wrote (53445)1/3/2001 3:21:13 PM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
I have poured a Ricard and am just watching now. Wow, what fun.

NDX heading for 20% -- ROFLMAO. Glad I got no puts though.

The rush to trash is astounding. Over the last few days I had asked myself what would happen if we got a surprise .25, but I can say that I never forsaw this sort of single afternoon craziness.

Happy days are here again. Anyway, as we have been saying all along, now the fun begins. This will no doubt push on over the coming days and overcome this wicked Sep 1 downtrend. Range trading is going to be demanding -- just as the boyz in Tokyo.

I would not bet on this falling much from profit-taking. Folks will be eager to be on board for tomorrow's expected pop.



To: pater tenebrarum who wrote (53445)1/3/2001 3:30:49 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
Yes, in fact, now that I think about it the scenario is playing itself out perfectly. The Fed is going to be very agressive in pumping as the economy goes into the gutter and this is the most bullish scenario for gold IMO.

dAK



To: pater tenebrarum who wrote (53445)1/3/2001 4:06:12 PM
From: Mike M2  Read Replies (3) | Respond to of 436258
 
Heinz, what if the US decides to announce intentions to sell its gold to buy more time. I know long term its a disaster but the bankers politicians seem to only be concerned about the short term. We should not underestimate the ability of politicians to destroy. mike