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 : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?

To: Dan P who wrote (4244)	2/20/2002 9:06:37 AM
From: Angler	Read Replies (1) \| Respond to of 4916

The only thing that didn't come down yesterday was my roof and I haven't been looking up in the last weeks. One market newsletter writer (initials M.M.) offers to reveal the three big companies next to suffer from "Enronitis" he calls it after I purchase his newsletter at $200 yr. almost. What's next: Money markets? However, emerging markets debt went up in the Fidelity portfolio. I still think holding some Gold, some bond funds and M.M. are the best places to be for a while yet while I ponder puts on the S&P. The last stop will be cash buried in a coffee can somewhere in the back yard. Angler

To: Dan P who wrote (4244)	2/20/2002 11:23:20 AM
From: lightwave51	Read Replies (2) \| Respond to of 4916

NEW YORK, Feb 20 (Reuters) - Longs continued to sell out of COMEX gold in early trade Wednesday, building on Tuesday's momentum despite a Bundesbank clarification that it had no plans to sell large amounts of bullion in the near term. A Buba spokesman told Reuters that Germany is abiding by the 1999 Washington Agreement limiting central bank gold disposals, but made no promises beyond 2004, when the five-year pact limiting European government sales to 400 tonnes annually expires. The spokesman was reacting to Tuesday's market-rattling remarks by Bundesbank President and European Central Bank council member Ernst Welteke in an interview with Bloomberg News, in which he said Germany could slowly sell some of its gold to diversify its reserves into higher-yield assets. reuters.com