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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (4448)	5/10/2001 9:08:38 PM
From: Roebear	Respond to of 23153

Tommaso, RE: "United Daughters of the Confederacy", guess you wouldn't happen to have their address? Just kiddin', ggg! Don't know that I am "fixated", but have developed my own methods for trading the golds. Since many gold stocks were (that's changing) quite thin in this bear market, I usually don't post my trades. Another reason for not posting trades is I trade them fast and it would appear to be fickle at best and pump/dump at worst if I posted everything. It's also true that I have been early at times on my entries, but that's the way it goes with bottoms. What I am getting at here is that things have changed and I am holding longer than usual, much longer. Maybe that means something. We will see if that something is fixation, ggg. Roebear

To: Tommaso who wrote (4448)	5/10/2001 9:25:07 PM
From: chowder	Respond to of 23153

Tommaso, congratulations on your ROYL. I'm envious of you guys as I've been wanting to buy some on a dip. A dip that doesn't seem to appear. I read some interesting tid bits today that I thought some here might enjoy reading. >> * Investech Editor Jim Stack calculates that the recently vanishing wealth is equal to about 1 1/2 times the total value of ALL stocks in existence in January 1991, when the final phase of the great bull market began. Further, Stack notes, "To recover the highs of last year, assuming a 15% compound annual growth rate from their recent lows... ...the NASDAQ would require 8 years. ...Cisco Systems would require 13 years. ...Priceline.com would require over 26 years!" * But as Warren Buffett points out...15% annual growth is 'dream land." When the P/E of the S&P 500 exceeds 22, as it does now, the ordinary return is no more than 5% annual growth over the next 10 years. "What would the numbers be if you used a 5% annual rate?" I asked my side-kick statistician Addison Wiggin. *** "At that rate," he replied, "you'll wait 18 years for the Nasdaq to recover...27 years for Cisco...and Priceline? Let's see, 30 years from now, it's still down more than 60%...ah, never mind." << Source: Bill Bonner dabum