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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (44788)	1/5/2001 3:19:35 PM
From: moufassa7	Read Replies (1) \| Respond to of 57584

Going long under 2400. News is brutal, sentiment bearish. Time for a little buying. Hoping AG won't let things get out of control.

To: Bucky Katt who wrote (44788)	1/5/2001 3:21:22 PM
From: Kanetsu	Read Replies (1) \| Respond to of 57584

William What is your outlook on silver and gold? IMO it is a good year to get long some beaten down commodities, as we may get some raw material inflation as financial assets deflate. Silver especially looks to be near a bottom, as do corn and beans. I know all the hedge funds are short and they will have to cover eventually. Speaking of LTCM, I read "When Genius Failed" a couple of weeks ago, a nice little yarn about the demise of Long Term. When it was over those poor souls who started the company were in financial tatters as they only had few million bucks left to their names, boy do I feel for them. This looks like more than a retrace of the rate cut move, we are heading all the way back. Still a few people trading in their bloomies that need to get shaken out I guess. There are a few stocks that have held up suprisingly well as the naz futures have collapsed over the last 2 hours: brcd and brcm. these are what I would buy when/if things reverse, generally I consider them shorts though.

To: Bucky Katt who wrote (44788)	1/5/2001 5:12:12 PM
From: byhiselo	Respond to of 57584

i understand the commercials are still heavily short the S&P (latest COT report due out today i believe) perhaps they are circulating rumours to cover cheaply, wouldn't put it past them since we are talking mucho $$$ cheers

To: Bucky Katt who wrote (44788)	1/5/2001 6:03:08 PM
From: fastcats	Respond to of 57584

William - The Boston Globe also carried the Russian story on the business pages this morning. The payment of part of its debt is said to be "delayed". No reason for the delay was given. Among other statements attributed to Russian officials: "A decision on the former USSR's debts will be found after an IMF mission comes to Moscow in late January or early Feb." ...and... in response to a prior proposal to trade shares in some major Russian companies "there can be no thought" of such a trade. Perhaps a power play with the German investment announced earlier? (Germany is one of The Paris Club members being stiffed by this action) The Globe's site appears to be down at the moment, so I can't provide a link to the article. You can get there through www.boston.com when it becomes available. fc