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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (58109)	6/15/2002 10:23:35 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Maybe... maybe not.... Maybe... Maybe not... I'll be buying gold... More, more, and more of it. Oh, these cyclicals. Gold will go up longer term 3 more years regardless of the stock market, although short term it is very overbought. Maybe, I'll just sell some naked puts on NEM, so that the shares will rush into my hands if they decide to sell it into November -g-. We are looking at a weak economy, rising interest rates, and falling dollar. The bottom? I don't think so. Maybe for the coming week. Looks like we have not even started the real currency crash and confidence crisis, caused by bubble unwinding.

To: William H Huebl who wrote (58109)	6/15/2002 11:31:53 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 94695

How about a temporary bottom, for a few days, maybe a few hundred DOW points, but you can expect the selling to continue into late July or August at the earliest including a break below the DOW 8,000 level, at least, maybe much lower... I just had breakfast with a couple of very savvy market fund managers, one manages a hedge fund which is up 49% so far this year (so he says) who personally told me the think the DOW could see 4,000 or maybe even lower than that before the selling is over..... GZ