Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tom Hua who wrote (22602)	5/13/2001 12:20:40 PM
From: Sharck	Read Replies (1) \| Respond to of 37746

I also anticipate a .5 cut, Greenspan has made it quite clear that he is now more then willing to use rate cuts as his arsenal in the battle against economic woes. This is also why I decided to close out some shorts on Friday and am willing to hold long going into Tuesdays meeting. I anticipate the rally will be short lived however and will gladly take any profits at that time. Interesting to hear how Gold is being talked about as the next big investment. After talking to a number of gold analysts, I am convinced that not even they understand the hedge strategy. Gold selling begins on Tuesay by the English banks and I would bet we see $255/ounce bullion long before $300... Cheers, S