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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (11077)	12/7/1997 6:51:00 PM
From: Mike McFarland	Read Replies (2) \| Respond to of 94695

Gold looks cheap for those with greenbacks, but for those in the countries which have seen devaluation, the price of gold still has not fallen. It seems to me gold, and oil, and dram, and little kia commuter cars--all these things should continue to get cheaper for awhile. I personally will wait for gold at $250 to get my little hoard of maple leafs for emergencies. As far as the gold stocks, there's bound to be some companies closing their doors. biz.yahoo.com My only other thought this afternoon is that some of the Asian CEFs have rebounded too fast...tho I did finally get some First Philippine Fund. Look at a chart of MF, dead cat? quote.yahoo.com I guess my thoughts today are a bit off the main topics of this thread but it seems to be that a lot of the ideas for investments still look like falling knives to me. I feel pretty comfortable with 80% cash during deflation (tho I cant say that 80% cash has been too fun for this past year in general). Now as long as greenbacks don't deflate I'm in good shape. Yeah, what to buy next? Tricky. Maybe I'll see some ideas on the new $1000/wk thread:) ...or better, more puts.