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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (167)	8/18/2001 4:02:56 PM
From: Frank Pembleton	Read Replies (2) \| Respond to of 36161

Ronald Reagan once said: (Government's view of the economy) If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. The quote is in response to the upcoming Fed meeting on the 21st, the question I have is; do we have sufficient liquidity? Last Wednesday the OSX managed what normally would be seen as a “ripple,” into a tidal wave. This kind of market volatility can only be ascribed to excessive liquidity. Don’t be surprised at the short term weakness in gold, because it’s my speculation the U.S. government will leak some feel good news to alleviate anxiety in the broad markets. The fed will not lower interest rates, and this will pull the rug from underneath gold investors. I've included a chart on the TSE PM index, enjoy! finance.yahoo.com^TGL&d=c&k=c3&a=m26-12-9&p=m50,b&t=1y&l=on&z=l&q=l Isopatch and Que Seria, great series of posts. Regards, Frank P.