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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: Wolf 2 who wrote (3391)	4/15/2001 2:00:04 AM
From: Duane L. Olson	Respond to of 4564

Wolf.....Can't claim I understand how the distributions are handled for ERF... The fact that this "defensive" issue has given me a 31% windfall in less than two months in an otherwise down market made me think it was pretty "aggressive" <gg> . Actually, I can't figure out why the Canadian buck is worth less than the US, either ....Canada has all that "stuff" that the US is short of -- natural resourses, energy....not to mention some of the top tech companies, and more auto plants than Chihuahua, Mexico. Also, many of my relatives <gg>. SOMETHING on that list ought to be worth something! LU: analysts are now giving us a consensus of $.22 in earnings for next year. At 20 times earnings, I come up with a very, very small gain from the current price of LU. That's why I'm not quite so bullish on LU... Besides, I have found more effective ways to avoid making money <GG> I thiink I'll ride this rally a little longer, but I am keeping LOTS of cash....but not much gold. Best I can figure, if the Fed did it's job, and pumped liquidity into the U.S. market, gold would jump to about $360/oz. Since I don't expect the Fed to do their job, however, I am treating gold as dead money.....probalby a sure sign of a rapid rally ahead <GG> tso

To: Wolf 2 who wrote (3391)	4/16/2001 2:10:59 PM
From: Duane L. Olson	Respond to of 4564

Wolf... Market is looking pretty strong, comparatively, when it should be reacting to bad news... probably going a little higher before we get any retest of lows.... just mho. tso