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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (28141)1/3/2001 4:29:27 PM
From: Dalin  Respond to of 65232
 
MM,

The majority of people I know were out of the way for this rally.

I hate when that happens.......Glad I wasn't...was catchin more fallin knives.....

want to remind you that the naz is still down about 50%.

Used those knives today to SLASH that percentage down a bit. <g>

In a US recession or re-inflation of buble Gold wins.

My brother is into gold bigtime.....If I lose it all, I'll hit em up. <g>

He owes me......

:0)

Ramblin



To: marginmike who wrote (28141)1/3/2001 4:34:50 PM
From: limtex  Respond to of 65232
 
mm- for what its worth my view is and has been for some time that the entire cause of this the greatest crash in history has been Mr G's irrational obsession with the Naz.

He targetted it with what are in effect sky high interest rates and almost brought the entire world economy to a screeching halt.

Once he was 'pursuaded' to leave the Naz alone and concentrate on what he is there for the awful pall over the markets would be gone.

I believe W called G today after all the boys he asked down to Texas told him the unpleasant facts. I believe W asked him nicely to cut and cut now, and I believe he told him Texas style. I also believe W told him to keep cutting till the he has repaired the damage done to the economy.

Anyway thats my guess but from one point of view it doesn't matter who told who, what matters is that the rate got cut and it got cut big. That in my view is enough to end the one thing that caused the crash and to put it into reverse.

Sure there will be warnings, boat loads of them almost every day. But it doesn't matter now since the market now knows that it is going to get better as the rate cuts continue. The message today was key.

Also the message from W. Did you see him. I saw him live surrounded by all the boys that run the biggest companies on earth. I think this man is tough and determined and he takes advice, listens and ACTS. He made it crystal clear that he expects that plenty more will be done till the economy comes around. Great.

Go W.

Best regards,

L



To: marginmike who wrote (28141)1/3/2001 4:36:30 PM
From: Voltaire  Read Replies (2) | Respond to of 65232
 
Hi MM,

thanks, but being bullish in the recent environment has been nothing to brag about.

You don't fool me, if there is anyone that will be in this recovery, it will be you, too bright not to be.

You must admit though, this market should have been bought by most.

Volts



To: marginmike who wrote (28141)1/3/2001 7:17:04 PM
From: BirdDog  Read Replies (1) | Respond to of 65232
 
As for GOLD...

I'm wondering. What do you think of buying land in the Black Hills (with mineral rights) as a Gold diversification? Could put a nice house on it for vacations or whatever while waiting for the possibility of Gold going way up?

BirdDog