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 : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (30594)	7/22/2002 10:19:36 AM
From: Stan J. Czernel	Read Replies (1) \| Respond to of 118717

Dale, This article in the Canadian National Post "Managers put less stock in gold" may offer some clues why gold is not as hot as it might be: nationalpost.com{121FE241-58C2-47BA-9EA3-6AAE7077B74A}

To: Dale Baker who wrote (30594)	7/22/2002 10:42:46 AM
From: Sultan	Respond to of 118717

<OT> "I called up my favorite roomful of gunslingers, who were busy trading stocks to each other. I told them we better be wary of the market, there is a cloud up there no bigger than a man's hand, the transistor radios stolen from GIs are turning into gold in London, and those Pakistan Airlines planes are carrying it right to Peking. My friend Charley said I was crazy. "Come on down," he said. "We bought a stock yesterday that's up twenty-five percent today. Listen to the tape. Enjoy, enjoy." "I have just told you we were heading for a gold crisis," I said. "I have it from a card-carrying member of Geldarbeitgeschrei Number Eleven, William McChesney Martin's ball boy.." "Forget it," Charley said, "The gold bugs have been around forever. The market still has gas. Who understands gold anyway? And how can you worry about something you can't understand" (c) The MOney Game by Adam Smith, first published in 1967 material above is from Random House Inc, New York, 1976

To: Dale Baker who wrote (30594)	7/22/2002 12:59:31 PM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

Covered MCCC short for small profit and nibbled on QQQ Aug 25 calls at .80. Trying to get a few FSTW ahead of earnings tomorrow. Incredibly Cheap Stocks - if I didn't already have enough I would jump all over SGDE at $7 and BBY under 30, PVAT under 2.75, MAXF at 5.20 and PGO around 2.10. These companies are not down because their business is weak. They dropped due to PANIC. The only good thing about panic is the buying opps it hands you. All IMHO as usual.