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To: Real Man who wrote (5060)12/1/2009 4:02:29 PM
From: westpacific  Read Replies (3) | Respond to of 26251
 
Banks are 40 percent of GDP, this whole market is one big farkin quant driven; Hal 9000 technical trade...

aka Long Term Capital

If I hear one more idiot talk about what the FED or Government are doing and how it effects the market I will no longer post!

IT IS ALL ONE GLOBAL MOTHER OF ALL MOTHER HEDGE FUND QUANT COMPUTER DRIVEN TRADES...

When they decide to fade it; they will take it into the toilet and make BANK; get it!

They could give a fuck if it destroys nations; all the better to buy it up on the cheap!

W



To: Real Man who wrote (5060)12/2/2009 12:15:39 PM
From: Rarebird  Read Replies (1) | Respond to of 26251
 
The shares always lead the metal in either direction, not the other way around. It is definitely negative that gold is $200 per ounce higher than it was in March 2008, while gold mining shares are a few percent lower on average.