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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (19138)9/18/2002 2:39:13 PM
From: 4figureau  Respond to of 36161
 
>>did I miss anything??????<<

Not much..

>>soon only GOLD will attract investment capital<<

Funny how between 1970 and 1980 how slow investors were to catch the gold rally...and typically at the top...there were literally line-ups witnessed by me at one of Canada's largest banks.

No different than year 2000 March when a plethora of tech stocks were pushed over $100. Is MMM the only one left?

Will it take another 8 years this time to see a gold frenzy repeat?

Not this time IMO. I do not have to list all the reasons why...you just did. :)



To: Jim Willie CB who wrote (19138)9/18/2002 2:47:46 PM
From: yard_man  Read Replies (1) | Respond to of 36161
 
>>treasury yields looking like Japan, yet another bubble <<

don't know about that, but folks are fleeing to what they think is safe given the other things you mention ...

Mortgage insurers' stocks taking a good hit -- I think this is not so much recognition of thre recent rise in defaults, but the coming much larger rise in defaults and foreclosures ...



To: Jim Willie CB who wrote (19138)9/18/2002 2:48:55 PM
From: yard_man  Respond to of 36161
 
I don't think we fill the gap on the indices here -- too much overhead resistance -- we'll get close, but then it's time for some more selling, IMO

finance.yahoo.com^DJI&d=c&t=5d&l=on&z=b&q=l

finance.yahoo.com^IXIC&d=c&t=5d&l=on&z=b&q=l

finance.yahoo.com^GSPC&d=c&t=5d&l=on&z=b&q=l



To: Jim Willie CB who wrote (19138)9/18/2002 5:15:43 PM
From: longdong_63  Read Replies (2) | Respond to of 36161
 
Jim, re:Real Estate. Just a guess but Greenie might try a fast one and pressure the banks into loosening up mortgage rates. Noticed a lot of convexity buying going on in our portfolios. Prepayments on the rise...maybe all those 6.50-7.00%ers will get another shot around 5.50-6.00%??? That would float the Titanic for another couple of years perhaps. WAG??