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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (907)10/3/2003 7:41:02 PM
From: Louis V. Lambrecht  Read Replies (3) | Respond to of 48092
 
No comment <vbg> Waiting for the dust to settle.
Almost convinced that there has been a currency intervention on Sep 30
Today could have been the aftermath.
Then there is oil, ng and copper rising
then...
have you seen this?
Message 19366530
This is a must read:

federalreserve.gov

"Thus, our results suggest that easier monetary policy not only
allows consumers to enjoy a capital gain in their stock portfolios
today, but it also reduces the effective amount of economic and
financial risk they must face."

"Or, choosing magnitudes that might be more helpful to the
intuition, we could just as well say that a surprise cut of 25 basis
points in the federal funds rate should lead the stock market to
rise, on the same day, about 1.25 percentage points--about 120
points on the Dow Jones index at its current value."