To: Shack who wrote (4030 ) 1/17/2002 1:48:07 AM From: kirby49 Read Replies (1) | Respond to Yea, I know I've been watching. As you know it's irrelevant to me, with the exception of opening and closing a couple of shorts this fall, I've got exactly the same positions I reported opening here in June. Really dull and boring, so I spend time thinking I might learn something by osmosis by reading your thread. Of course Peter has told me that my dull and boring patience is driving him nuts. I don't think there's much difference really between the performance of his or mine, but he's had to work way harder and probably would be somewhat ahead except for the amount that the bank takes in fees<G>.Someone who doesn't agree with my gold positions since March asked me where else I might park my money a couple of months ago. I said that if you put it into a banks' money market fund, with rates so low and the banks in precarious positions, they will find a way to hide their fees soon so that you will end up paying them to loan them your money. If I was in the states there is no doubt that I would short IBM at 120 with an 8 or 10% stop initially, and you could probably trail the stop down slowly and park your money safely for years. Of course they won't listen, and the only thing I know for sure is that when I'm ready to sell my gold, that's the time that they'll be ready to buy<GGG>.
