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To: craig crawford who wrote (127580)	7/1/2001 12:06:47 PM
From: H James Morris	Read Replies (5) \| Respond to of 164684

We talked about the Shanghai B's not long ago. Anyway, China's not bullet proof. If we do go into a global recession then who's going to buy all of their exports? Re: Gold. Interesting, I told you several times in the past I'm not interested in gold, because of its go no where spot price. Well, until this morning I hadn't noticed that the elephant funds, and the hedge funds have been moving into gold this last 2nd Qtr The best-performing fund category was gold, a safe hedge in a bearish market up 19.1% for the Qtr. Then as far as the index's go, Amex gold was +27.4%, only outperformed by Amex biotech +30%,Goldman Sachs software +27.8%. So Craig, now you've got my full attention. How are you playing Gold? Individual stocks? Funds? or Indexes?