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Pastimes : A Jackass, his PAL(indrome), and GOLD -- Ignore unavailable to you. Want to Upgrade?

To: tonka552000 who wrote (27)	12/29/2002 12:05:40 PM
From: JEB	Respond to of 1210

Gold is valued now as a hedge and a good rally trade prior to the stock market solidifying for a long term rally. We have the war coming. That will create an extended nervousness prior to the war announcement. A sharp drop just prior to and the day of the beginning of the war with a huge spike rally after that wears off (a day or so in market time). Followed by a profit taking and further nervousness until the war concludes. Once war has ended, a short period of aimlessness, followed by what everyone will call finding the near term bottom. Then the long extended rally that will pull us out of this Bear market (only the pros will know to get in early all others will be cautious with a dip in a little here and there until they get their traders legs back again, usually takes a bit for the timid which is most investors). The gold stocks will tell the tale of the flow of money at that time. Watch for a moderate exodus as the signal of the beginning. *All just mere speculation based on the Gulf war, the current market conditions, and historical charts based on similar market patterns vs. market climate conditions.