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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (34522)	5/30/2003 1:31:52 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hi DAK, <<take on this action in gold???>> That is an easy one, for I have thought little else about any other matter appearing on the news screen. I thought I was going to add to my gold as it hit dropped to 360; I think the window for action was a bit narrow this time;0/ The Aztec beast is certainly volatile. I doubt any trader is good enough to consistently benefit from the high frequency and (relatively) low amplitude ups and downs. I think anyone who tries to trade gold under the circumstances will eventually get ulcers, and then get financially crushed. I think many people have not taken the messages of Maestro Greensputin, Charlatan Bernankaput, and hapless Secretary Snow to heart. Eventually they will, and as they do, gold will start to climb a wall of worry. It is as if folks do not believe the three who determine our collective financial future as they warn us of what they are and will continue to do to us. Right at the moment, gold is not so much climbing a wall of worry as stumping on gamblers fingers as they cling to the edge of monetary abyss. This is fun to watch, as the gold traders twist and turn in the monetary wind before the storm:0) Chugs, Jay