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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (9516)	7/15/2002 2:39:47 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

Yes, many people don't believe that we traders can be compassionate. The average family is getting financially raped. It is very discouraging for those who trusted Mutual Fund managers to figure it out. They are the last place I would have had my money the last 3 years. Most of them must stay mostly invested and are not nimble at all. And Government has not done a good job of calming things. Perhaps there is just too much negativity all around and the bull's spind is bending severely now under all the weight of it. I guess it's up to ol' Alan G. tomorrow. Let's see what he can say that might help. Perhaps he will at least put the focus back on the economy for a day or two and remind everyone that's it's not that bad.

To: Frederick Langford who wrote (9516)	7/15/2002 3:26:18 PM
From: The Vet	Read Replies (2) \| Respond to of 16631

Fred, Gold stocks dropped today when the panic selling hit the rest of the market despite gold being up, US$ weakness and everything else being positive. Today is simply panic sellers without buyers very much like 1987. In 1987 gold stocks dropped without reason when the final panic sell occured, but they quickly recovered within a few days. I am buying this dip, and I especially like GFI...