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To: MetalTrader who wrote (83414)	1/4/2001 9:42:29 AM
From: isopatch	Read Replies (1) \| Respond to of 95453

Agree. Went through my sentiment, TA, charts & anecdotal favs, last night and early this AM. Liked what I saw and IMHO this NAZ rally isn't a 1 or 2 day wonder. Looks to me like we may have an intermediate term low in place for the 1st time in months. Buy the dips. Patch will join the party shortly as the rally broadens after the initial burst. Isopatch

To: MetalTrader who wrote (83414)	1/4/2001 11:41:39 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

MetalTrader... the US dollar/Fed Cut. This is a "serious" response by the way (VBG). Metal; given the research note I received about the unprecedent foreign repatriation on tuesday; don't you think the FED would commonsensically prop up the dollar simultaneously to the Rate Cut ? ... surely; they are not so moronic; as to let the US Dollar hang out there naked; during this market "stabilization" move ? Surely the Fed would do 3 things to stabilize the markets; as leaving Gold to move freely as a potential contrarian indicator is dangerous & foolish; not propping up the dollar would defeat their purpose as well; because if the dollar were allowed to fall & gold rose as an alarm indicator; the Rate Cut would be wasted - and they can't afford for that to happen. To "sell" their message to the markets - they clearly had to do all 3 of these things in unison - otherwise there message would have been left to the "free will of the markets" and the last thing Rubin/Greenspan et al - want here is the "free will of the markets" to signal reality (VBG). There move: 1. Prop up the US Dollar 2. Short Gold 3. Announce the Rate Cut ... watch & anticipate what I alluded to earlier; the double bottom technical re-test of the XAU - and that is the MOAB for PM's imho as the flight to safety money will leave - allowing a buying opp.... but; the Fed can control money supply & monetary policy; but they can't force foreign investors to hold our Fiat Dollar forever and they can't hide falling revenue & earnings as well as the still much, much too high valuations & speculation in the markets. Greenspan is protecting he & Rubin/Clinton's legacy - delaying the inevitable so he can retire & exit stage left... and leaving "Da Bomb" for the Bush's once again.... PS: ... anyone else notice GW looking like a kid - puffing out his chest and looking ridiculous when walking with Clinton in that media moment on his White House visit & sitting like a little kid in that chair next to Clinton.... then; listening to his simpletonian stumblebumology commentary about the economy at this recent summit.... I was embarrassed for the guy - he's clueless & it's obvious. I'm sorry; but this guy scares the hell out of me... he will go down in history as the "Peter Principle Poster Child" of all time - he is in soooooooooooo deep over his head - that it's scary - literally & honestly, scary... This is the proverbial "Frat-boy" eldest son of the Founding Father CEO who passes on the legacy of all he's created to the buffoon who's going to lose the business in one generation... I am sorry but GW is simply incompetent & ill-prepared for the job & it will become glaringly apparent... The highlight of his term will be that Jay Leno & Letterman will have endless fodder for 4 years.... I predict we'll have one of the harshest recessions in US history during GW's middle 2 years of his term... the foundation is being built here & now - as Greenspan is allowing the markets to merely delay the inevitable...