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

To: Lucretius who wrote (10232)	4/20/1998 8:49:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116762

amoco and arco just upgraded... have you also heard that we will run out of natural gas by 2000 merrill lynch also upbeat on oil services.. now for gold :>

To: Lucretius who wrote (10232)	4/20/1998 8:53:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 116762

got CNBC on this morning? Anybody ever notice that this stock babe that comes on in the morning feels like she needs to reassure everyone that while the mkt is going to be down today, the bull is still alive and well and that the fun isn't over w/ stmts like "the mkt looks to be down today, (nervously she says) but rest assured there will be some issues up today and the money keeps flowing in so there's nothing to worry about." Just a random thought this morn. Kinda makes me giggle. -Lucretius

To: Lucretius who wrote (10232)	4/20/1998 2:34:00 PM
From: long-gone	Respond to of 116762

Lu, RE: Bull on the cover of Newsweek Joe Kennedy told the story about how he decided to get out of market prior to crash of '29. He related that he was given stock advice by the shine boy. Months ago, I overheard a kid(not more than 18) giving his co-workers stock advice at McDonalds. He told them, "no matter what just keep buying". Does this say it all? No, That was about 10-12 (1500 DOW points)ago. Heard perhaps the best explanation today. It will only stop when people have enough stock, or can no longer afford stock! One could also bet, the main winners will be the same tired old names. rh

To: Lucretius who wrote (10232)	4/20/1998 10:42:00 PM
From: Terry Rose	Read Replies (1) \| Respond to of 116762

Lucretius Taurus, MSNBC showed a brief shot of Newsweek's front cover with a bull on it. I have got to get a copy. This is a very strong contrary indicator especially since it is from a non-financial magazine. Michael Belkin who writes a monthly column for Strategic Investment pointed out that when a market tanks big-time ala 1929 and 1987 it will go down to the 200 day moving average before it snaps back. Buying leap puts within 10% of this average on the Dow or S&P could offer cheap crash protection for the stock holders on this thread. Is there a website that tracks this average? Help anyone. Terry,