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To: Canuck Dave who wrote (11786)6/2/2003 12:24:19 PM
From: Silver Super Bull  Read Replies (3) | Respond to of 39344
 
CD,

RE: "Old yeller hanging in there today."

If I am recalling correctly isn't this the 4th day in a row where POG has opened lower, held at 360 or slightly higher, and then moved up?

RE: "Still, if I'd bought tech dreadfuls on April 15, I'd be a lot richer today."

I am very perplexed by the general stock market. Either this is the start of a new bull market, or the speculative blowoff of a bear market rally. I can't see how it is the former with fundamentals as they are, as well as very high valuations. From what I have seen the technicals behind this rally have been pretty spotty, some of the biggest winners are junk, and the "straight-up" ascent is suspicious.

DB



To: Canuck Dave who wrote (11786)6/2/2003 1:01:21 PM
From: AugustWest  Read Replies (1) | Respond to of 39344
 
<<Still, if I'd bought tech dreadfuls on April 15, I'd be a lot richer today.<<

Ain't that the truth!
I'm looking to ECB to lower rates later this week and maybe give some support to the USD thereby lowering POG- but 20 bucks on a rate cut might be a stretch.

But I'd like to see it stabilize in the 340s for a bit before making a run to the highs earlier this year.
Would be nice for the L/T chart.
Either way doesn't really matter to me
Just a matter of time anyhow
and time is on our side now.
We have lots of time!