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 : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (477)	8/23/2001 6:09:52 PM
From: isopatch	Respond to of 36161

Fed pumps in another 6.245 Billion today. app.ny.frb.org TIC TIC !! Not long before the dollar alarm bell is heard by the majority of investors. Slick Willie sure wasn't thinkin' of gold when he said it. But it sure fits.<G> "BETTER MORE THAN LESS. BETTER SOONER THAN LATER" How much ya got?? Isopatch

To: isopatch who wrote (477)	8/23/2001 6:47:44 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 36161

I don't know about commodities, but hearing aid prices are skyrocketing. My mother lost a hearing aid recently. When she went to replace it she was told that the price for that particular hearing aid had risen 30% in the 2 years since she bought it. Sure looks like hearing aid manufacturers have a lot of pricing power to put it mildly. Insurance rates and real estate prices also are surging. So while some sectors indeed are suffering from deflation, others are really sticking it to consumers and have plenty of pricing power.

To: isopatch who wrote (477)	8/24/2001 10:39:18 AM
From: Roebear	Read Replies (4) \| Respond to of 36161

Of interest, securitytrader.com Security Trader has amended his weekly gold chart comment (May 2001) from this: Buy gold and hold unless 252 is taken out To this: Buy gold and hold unless 252 is taken out AND MAYBE HOLD EVEN IF THAT IS TAKEN OUT. THE UPSIDE IN THIS SECTOR IS HUGE. BUY IT ACCUMULATE IT HOLD IT I find this change significant. They DO NOT usually promote holding ANYTHING through a loss, they are mostly daytrading/st swing traders (though also the best I've found on major turns). This is a significant departure from the norm for them, reflecting their view of the upside vs downside in PM's and their current opinion that the long bear market in gold is coming to an end. A lot of volatility and chop is likely in gold and gold stocks. A blowing out of the stops in a V move always possible in the PM's and that could be precursor to a big rally. Still, in viewing the short term on the XAU/HUI, I get a sense that the bears are the ones who are desperate here. Short term TA on the XAU/HUI: support is holding with a nice bounce off of it at 56.90. Now on the retrace we should hold 57.20 or 56.90. If not, things could get OOGGLY short term. However the XAU/HUI is holding quite well in view of the weakening POG and I am holding comfortably. Which is good, because this short term "chop" is not going to get me out of a "promised the better half" shopping trip today much longer VBG Roebear