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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (12262)4/20/2004 3:29:25 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
I've always maintained that these stocks might be vulnerable in an environment of aggressive rate hikes, but to completely collapse because of talk of one , is pretty incredible. Some top flight mid tiers selling at 2002 prices ($300 Au, 85 Cu, $3.50 Ni). Some very weak shareholders have gotten involved (in late fall, 2003?) apparently.



To: orkrious who wrote (12262)4/20/2004 9:20:13 PM
From: TobagoJack  Respond to of 110194
 
orkrious, <<followed you out the door on golds>>

... I don't think it would have made much of a difference, because we get hit one way or get pounded another, and the result is the more or less the same.

Fact is the for a dollar-base accounting investor, in a DUEED situation, losses will be, only a question of amount, else one must take on inadvisable amount of risk, will could mean more losses easily.

Chugs, Jay


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