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Gold/Mining/Energy : Int'l Pursuit (T.IPJ) -- Ignore unavailable to you. Want to Upgrade?

To: Abner Hosmer who wrote (505)	2/2/1998 2:24:00 PM
From: Ron Everest	Read Replies (2) \| Respond to of 835

Word is that Suharto is going to run again. You know that the currency is trashed. There is a rumor that the military could strike a coup. For me it will be interesting if the Suharto family solidifies power/control of the govt. They may not be able to do this because of negative sentiment in population, by force ? jury is out. The economic situation is severe, lots of unemployment. The fires didn't help. My current view is that they need the jobs in the worst way and will have no choice but to play ball regardless of who is controlling the govt. Graft will likely continue. If they do not support capitalistic opportunities then the economy will surely be trashed completely for a long time. They will have to stay the narrow course. I am having a lot of fun day trading in a number of areas. My problem is not waiting enough to both buy and sell, thus giving up opportunities to gain margin. When March is behind me I will have a lot of additional time to pursue these ventures. When I say day trading, I am actually looking for the broader economic changes and entering into mainly bus man's spec or better stocks so that if I judge it incorrectly and get caught I have the option of holding on with a measure of surety. Have been dabbling in various GOU, GIB.A, SSO, FANand so on. Right now I have exited all oils as I feel that they will drop significantly should Iraq come to terms. Silver looks excellent right now. Best regards Ron E