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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (21840)	5/9/2001 10:52:50 PM
From: Jimbobwae	Respond to of 37746

The CNBS clowns were trash talking Gold today saying "No one's made money on Gold for years" & Michelle CCC put up a chart showing how If you "invested" in Gold 5 yrs ago you would be down 65%. Check this out & make sure you scroll back and forth: stockcharts.com I'm not a flaming gold bug but its something to keep on the radar because it will speak during weak dollar times. Disclosure: I have invested in gold stocks in the past, hold none now but looking to add when it breaks $275 or retests $250

To: velociraptor_ who wrote (21840)	5/9/2001 10:57:27 PM
From: dan6	Read Replies (2) \| Respond to of 37746

don't have any idea about when recovery will take place..., but i think you under-estimate the short-term impacts of lower interest rates. its not so much the length of the mortgage or the loan, but how it affects your monthly payments, whether youre talking about a house, a new car or a factory. interest rate drops lower monthly payments...

To: velociraptor_ who wrote (21840)	5/9/2001 11:26:16 PM
From: Patzack	Read Replies (1) \| Respond to of 37746

Velo, how right are you (IMO) But why everyone is buying same crap again and pays 2-3 times more than a month ago? You tell'em! :-))

To: velociraptor_ who wrote (21840)	5/9/2001 11:34:59 PM
From: Softechie	Respond to of 37746

Velo I totally agree with you. Nice post.

To: velociraptor_ who wrote (21840)	5/9/2001 11:44:40 PM
From: heronwater	Read Replies (2) \| Respond to of 37746

We have a friend whose family has been in the real estate business for 50 years. May should be a big month for sales, this year is different though. Most calls now are for appraisals, not that they want to sell right now, they are just curious about the value of their homes. Most of our friends are small business owners. This is a miserable time for them. When they are forced to lay off employees, it is like letting go a family member. Unlike large companies, they have very little to offer them. We have always supported our local small business community and have seen many go under because they could not compete with large chain stores. The ones that are left now have a faulting economy to deal with. Funny thing now that gas prices are rocketing, many are wishing that the neighborhood hardware store ect. was still around. You can take the word of any analyst but, for me the people speak the truth and they are worried. Worried people do not spend like they use to. This is what my small business friends are telling me :-(((

To: velociraptor_ who wrote (21840)	5/10/2001 8:29:36 AM
From: Sharck	Read Replies (1) \| Respond to of 37746

Understand the doom and gloom scenario and am torn with what is happening now in the economy, vs the trends of the mkts in an anticipation of many sectors potentially bottoming out within the next 2 Q's. I am flat cash positions and will ride some momos into FOM. Certain guidance does indeed seem to suggest that recovery may be only a Q away as capex will be key...(Watch job data in a few minutes) Good luck all... See some of you in the room: e-mail netrader@mindspring.com