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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: PaulM who wrote (4423)	12/18/1997 10:32:00 AM
From: Bucky Katt	Read Replies (2) \| Respond to of 116753

PBM - I agree with what you say. I also think we will see lower interest rates in the US, which will mean you will see a reason for foreign selling of dollar assets, which will weaken the dollar. This in turn will be very bad for stocks in general, and very good if you want a higher POG. So, is it time to go long some way out gold futures and short the S+P?

To: PaulM who wrote (4423)	12/18/1997 2:26:00 PM
From: long-gone	Read Replies (2) \| Respond to of 116753

paul, i like you would like to see a strong gold rally. my thoughts are that the powers that be, are not willing to klet it happen yetas as Greenspan would view this as a sure sign of inflation. I think i should be higher, i think it will be higher,i just think it will be lower before higher. i though, am with you & buying despite my thoughts. richard

To: PaulM who wrote (4423)	12/18/1997 3:17:00 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 116753

WHOA, LOOK AT THIS>Ralph Acampora sees bear market in '98 "It's a bear market," he told reporters. Acampora backed away from his previous forecast that had the Dow Jones Industrial Average reaching 10,000 by mid-year 1998. He said the Dow could reach a range of 8300-8600, but will likely sell off in the second half of the year, pulling the blue chip index as low as a range of 6000-6300. Acampora said he was convinced to adopt a more ''prudent'' stance toward the market by the ''broad deterioration'' in the stock market in recent weeks. Any recent strength in stocks has been focused on a few large capitialization ''mega cap'' shares, while smaller stocks have been hit, he said. ''I have a problem now,'' Acampora said. ''I don't have that many (stock) groups supporting the market.'' Who cound not see this coming a month ago? I bet PRU cleared their books way before they allowed him to say this in public.

To: PaulM who wrote (4423)	12/18/1997 9:10:00 PM
From: Ronald P. Margraf Sr.	Read Replies (1) \| Respond to of 116753

Hi Paul, Wela!!!!!! My scerior will and does bear fruit. When you have reached the top of the mountain you have to come down but not until you have done all can and have done. The traders have done their dasterly deed on the short side and now will do their dasterly deed on the long. Watch and see what I am talking about. There are more long positions on gold then there are shorts. And so we turn another page in the day and life of the commodity trader. So will be the same in the currencies. The big boys are now positioned. Its Christmas time for them. Time to fill their stockings.;-) Cheers, Ron