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To: patron_anejo_por_favor who wrote (165638)5/14/2002 9:46:21 AM
From: yard_man  Read Replies (1) | Respond to of 436258
 
thank goodness consumer spending is recovering from those terribly anemic levels we've seen for years ... really starts to give one some hope that we might recover from this terrible malaise we've suffered from for years and years ...



To: patron_anejo_por_favor who wrote (165638)5/14/2002 11:13:26 AM
From: John Madarasz  Respond to of 436258
 
i understand completely Patron...

KRY is just one speculative issue that i happened to have a fresh chart handy of, and more or less was used to illustrate the fact that i expect a dollar bounce, and pullback in the golds, which i think should be bought.... and that i'll be buying...i like alot of the hui components...and a few other issues, for all the right reasons...at slightly lower prices<g>

i think the xau is in a rising wedge...not a rising trading channel, and a retrace should be expected, that's maybe starting today.

i also realize you're averaging up on the gold from reading a few of your past comments, and that's cool, since you have such a good price, but you're right on the silver...it seems poised for a strong move.

EVERYONE is expecting the comms to get forced out of their comex gold positions..."just like last time", precisely the reason why i don't think it will happen, and precisely the reason why i think the ensuing pullback will be a most advantageous one indeed. Last weeks #'s convinced me.

All the best bro...