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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (25325)	6/13/2001 6:32:44 PM
From: Ken W	Respond to of 29382

Sergio, Thanks for the welcome back. I've taken a more cautous tone to my trading of late. Actually holding stocks for a while instead of fast trading, except for DELL and IFCI of course. <GGGG> Holding GOLD, BLTI, QADI, IEE, LOR and AWSSE. BLTI has broken out over 3.25 resistance and also a small spot of 3.42 on volume. Next spot up of any heavy resistance is 4.04 with mid 8 above that. This one has some real potential. LOR broke over the triangle on the 12th. There are some residule dummies that are still selling, but insiders are buying as well as some very nice block trades. The sale of assests will boost the stock to 6 minimum. GOLD is doing well due to the beginnings of weakness in the US Dollar just as you predicted a couple of weeks ago. I think GOLD (ticker) will see new highs (above 5.10) within the next 30 to 60 days. IEE had some insider selling in May due to the 100% rise it had from Mar. Now that they have taken some well deserved profits the stock is now moving back in the right direction. A break over 10 will take the stock to 12 easily. AWSSe...would be nice to have the "e" off the stock. We are expecting that to occurr at any time along with a profitable Q report. QADI has indeed broken the 3.88 spot and held 3.90 nicely today, 4 seems to be a little hard spot for it right now, but as you say. The "bible" has spoken and QADI is tucked away in that "special" account along with ENN. Speaking of ENN it has had a great move from 6.50 in the last Q to the high 9's with announced div's of .25 this Q too. I liked the return of .17% when the stock was in the 6 and 7's, but 11% in the 9's is still okay with me. Ken

To: Sergio H who wrote (25325)	6/14/2001 9:52:38 PM
From: Ken W	Respond to of 29382

Sergio I know you are out tonight keeping your youth intact. Hope you have a chance to read this in the morning. The Murphy tonight,he's with ya... GOLD IS ON ITS WAY TO $600 PER OUNCE For the third day in a row, the dealers were STUFFED. Different days indeed, as John Brimelow remarks below. It was Goldman Sachs, Credit Suisse and Republic Bank - all trying to hold gold from breaking above $274.50, basis the August contract. Once again, volatility was the name of the game. The early sell off was met with solid big picture buyers - the same kind of buying we have seen on sell offs for many months. The deep pocket big boy buyers have been around for some time now, buying the dips, and that pattern continues. Up and down gold traded early before it punched through last Friday's high, touching off the stops. When the market sold off, who surfaced as a "huge" buyer? None other than J.P. Morgan Chase. What I have been bringing to your attention lately about J.P. Morgan Chase is very anecdotal, but we have noticed a bit of a divergence between Morgan and Goldman. Of note, there is: The bullish J.P. Morgan gold report while Goldman talks the shares down J.P. Morgan taking in as many of the June gold deliveries as they could *J.P. Morgan showing up on the buy side at times when Goldman is on the sell side Hard to say if it means anything. But, J.P. Morgan is the U.S. Government's main bank. We know for a fact that President Bush, Treasury Secretary O'Neill and Economic Advisor Lawrence Lindsey are well aware of the extent of the gold problem and of the pressure coming their way to answer reasonable questions by members of Congress that have been requested by the GATA camp. They must know that they have to be answered at some point. They also must be sick and tired of dealing with the gold issue and of trying solve a problem handed to them by the Clinton Administration. No point in rehashing all of that. But, suffice to say, it would make sense that they would be trying to solve the problem as best they can and then lay it out all if they have to - placing the blame for any financial fall out where it right belongs - on Clinton, Rubin, Summers and Greenspan. Also of note PAAS......Now, what was the ticker of that copper stock we found??????? Ken