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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (9951)	11/16/2007 11:12:55 PM
From: Eva	Respond to of 29622

Twighlight zone du du du du duhhhhhhhhhh You think the pooo is finally hitting the fan?

To: SwampDogg who wrote (9951)	11/16/2007 11:25:10 PM
From: gold$10k	Read Replies (1) \| Respond to of 29622

Big volume on both. Double bottom bounce on FRE. Big rebound on FMN. Looks more like a possible bottom to me, BWDIK. If so, it would lend more credence to the idea that everything will rally now, even toxic mortgage dumps. From 1966 to 1982, the DOW was virtually unchanged in nominal terms but had lost 50-80% of its inflation adjusted value. Maybe that's what we'll see in the coming months as a flood of liquidity levitates the markets, sinks the dollar, and pushes gold higher.

To: SwampDogg who wrote (9951)	11/16/2007 11:51:48 PM
From: jimsioi	Read Replies (1) \| Respond to of 29622

SWampy, yes something is stinky in the general markets... Picked up the following from Sinclairs' site... ------ Banks in the frying pan How bad are the big banks' loan losses? Depends on how good their accounting models are. Auditors are about to weigh in. Will it be fair value at work or fear value at its worst? By Andrew Osterland November 12, 2007 “Based on the latest financial reports of the five biggest Wall Street firms, the value of their level three asset holdings relative to firm equity is the following: Morgan Stanley $88.2 billion, 250% of equity Lehman Brothers $34.7 billion, 160% of equity Bear Stearns $20.2 billion, 155% of equity Goldman Sachs $51 billion, 130% of equity Merrill Lynch $27.2 billion, 70% of equity. ------- For the moment GOLD shows little ability to provide a safe parking place, the favorite being US Treasuries. Come Tuesday and another $20 decline in GOLD to the 760 area and we might see an end to this madness...with respect to GOLD and PM miners not providing a safe heaven... Right here, it's all a bit crazy with many cross currents, sticking with 53% in cash and gold about evenly split, thinking the FED's passing on a rate cut (not cutting) might provide the ultimate bottom panic in general equities and metals.... No technical buy signals for me....I'm restraining myself from almost all activity.

To: SwampDogg who wrote (9951)	11/17/2007 12:10:27 AM
From: jimsioi	Read Replies (1) \| Respond to of 29622

Looking at FRE longer term weekly chart.... stockcharts.com I see nothing constructive here other than high volume, which might provide a resting point...but all the buyers of this stock save a few below 41 are underwater for three years... The banking stock index made a new three year low, completing a swing move, perhaps.... stockcharts.com Little wonder the preference was for long notes and bonds..down means lower rates higher notes on this chart. stockcharts.com NASDAQ MeCellan Summation Index continues to decline... stockcharts.com Was today "the LOW" - I doubt it... more "risk aversion" activity ahead....