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To: pater tenebrarum who wrote (108851)6/14/2001 5:25:06 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
Heinnz, I think that by saying no to GE the perception is that Europe will hold it's own and not be dragged by the US for their own foolishness.

The Euro got hit when they lowered interest rates by 25bp and the FED lowered it by 50bp. Then I think the perception was that Europe will dance at US will. Nothing to do with fundamentals.

I also speculate that the FED will lower 25bp plus signal lower rates ahead.

BWDIK
Haim



To: pater tenebrarum who wrote (108851)6/14/2001 6:03:36 PM
From: 200ma  Read Replies (1) | Respond to of 436258
 
Heinz,

i was reading a book (the Prudent Speculator,which I recommend) whereby the author stated that an increasing $$ supply is bearish...he didn't explain why but i've seen it on this board where some seem to think that the increasing $$ supply helps prop up the market..would you go over this for me...thanks



To: pater tenebrarum who wrote (108851)6/15/2001 11:14:30 AM
From: ild  Read Replies (1) | Respond to of 436258
 
You said you think gold will be volatile and it is. Why?
I sold a little at about current prices. Would you buy it back now? What is your today's favorite? Same as a year ago?
#reply-14113673
Thanx