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To: Ken Benes who wrote (82617)2/27/2002 12:01:59 PM
From: long-gone  Respond to of 116815
 
I agree, except as to the points. 284-286 bottom 301-303 top - in the near term. Snapping through 330 is still a real possibility sometime in 2002.



To: Ken Benes who wrote (82617)2/27/2002 12:04:28 PM
From: Ahda  Read Replies (1) | Respond to of 116815
 
Ken how could anyone be negative on gold when the complexity of our financial system is beyond the comprehension of not only me but all. We have become so so creative and specialized that it is nigh on impossible for any individual to attempt to understand the whole of the structure.
We revise statistics attempt to create earnings with many different mathematical means. We attempt to justify future by extrapolating the whole capability of the structure in order to maintain our own illusion of superiority. We are an accident waiting to happen in a whole new world called global. Our left hands and right have too many fingers for us to keep track of now. Normal solution at this time is spin offs but i believe we have used financial instruments that have become too complicated to spin anything off.



To: Ken Benes who wrote (82617)2/27/2002 1:20:21 PM
From: Enigma  Read Replies (1) | Respond to of 116815
 
<<I am not long term negative>> Interesting phrase coming from you? I would describe you as being perpetually long term negative. Maybe you could rephrase it'I am not long term negative for the future'? But I can't see gold staying in a very narrow range for long. 300 is a barrier but it may blast through it - not because of an 'attack on America' but for reasons more to do with the general financial situation as alluded to by Darlene. It seems that America is the one doing the attacking - overtly and God knows where covertly?



To: Ken Benes who wrote (82617)2/27/2002 1:57:48 PM
From: c.hinton  Respond to of 116815
 
I agree with you.However I dont have the time or inclination to jump in and out of the market on a daily basis.I have not added since last spring because of that uncertainty.
I appreciate your short term negativity because there is nothing worse than a discussion among people who all have the same opinion on the subject in question.It just becomes mental masturbation.
There are so many ot postings on this thread perhaps because 90% of us are in agreement and one can "preach to the choir" only so much.
As a last word I will say that, having grown up in a JPMorgan enviroment and knowing a few GS partners plus numerous other banker,brokers and their children, Gata's accusations are believable.That is to say I would not be suprised if they turned out to be in part if not 100% accurate.Not because they are all scoundrels(bankers and brokers),but rather that they are often smart without being wise.