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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (90209)	4/18/2001 7:24:14 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Roebear; re: the Gold Carry Trade shorts... You ever think that perhaps they should buy the $hit out of Gold Mining Stocks before they begin to unwind their bullion shorts ? - it would be a levered-hedge as they unwind...or; just buy one,or two of the large unhedged producers here at the bottom & then just forward sell all their production and reserves to cover (VBG) ?

To: Roebear who wrote (90209)	4/18/2001 10:56:11 PM
From: Crimson Ghost	Read Replies (2) \| Respond to of 95453

Roebear: I do like the PM stock action. But long experience has convinced me that trying to time a big gold move is impossible. You have to buy at a reasonable price and hold on. I have been out of oil and oil service for some time. This morning I was long QQQ, emerging market funds, and gold funds. Note that these share one thing in common -- namely all are grossly depressed like the OSX was at 50. Sold QQQ today but holding on to emerging markets and adding to gold fund holdings.