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


To: Dave Gore who wrote (10286)7/30/2002 2:05:33 PM
From: Dave Gore  Respond to of 16631
 
13:48 ET U.S. officials believe bin Laden dead

According to a CNN report, some high-level U.S. officials believe that Osama bin Laden is dead. The speculation is based on the reported capture of members of bin Laden's security detail. U.S. officials said some members of the security detail are among the detainees at Guantanamo Bay. Sources said they believe it's likely bin Laden died if his bodyguards were captured away from him.



To: Dave Gore who wrote (10286)7/30/2002 2:06:35 PM
From: The Vet  Respond to of 16631
 
Goldman Sachs upgrades gold stocks

Goldman Sachs raises their weighting in gold stocks to MKT OVERWEIGHT from Mkt Weight and upgrades FCX to REC LIST from Mkt Outperform, ABX to TRADING BUY from Mkt Perform, and PDG and AU to MKT OUTPERFORM from Mkt Perform; firm raises 2002-03 ests for select stocks, and continues to forecast that gold prices will rise over the next 2 years based on their view that: 1) US dollar will continue to weaken, 2) govt deficits will continue to begin widening, and 3) investors and large holders of US$ will continue to look for alternative asset choices to diversify some of their investments.

I am a cynic as far as Goldman goes.. They must intend to sell short