Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (140)	5/7/1998 1:02:00 PM
From: bw	Respond to of 14427

Seems almost like a "Darwin" situation here. Sentiment is that this market needs a correction badly. The warnings have been issued. They don't want to raise rates, but something must ratchet back the market to more sustainable levels. Those that listen and react with common sense will be rewarded with better buying opportunities in the future, and those that need a kick in the butt will also be justly compensated for their inaction. Just my current warped take on the situation...<g> BTW: My "significant other" will be transferring into bonds tonight...

To: Broken_Clock who wrote (140)	5/7/1998 1:37:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 14427

giddee up gold bug!

To: Broken_Clock who wrote (140)	5/8/1998 8:44:00 PM
From: NucTrader	Read Replies (1) \| Respond to of 14427

>> The golds have been holding up wery well with the $17 slide in price. << Over the past 4 months, I have been in and out of EGMSX, NEM, and ABX and have done nothing but lose money. Yes, my "timing" has been poor, I guess, but I just don't trust gold. Seems to me that every time the market tanks big, guess what ?!? Gold tanks along with it!!! [And everyone on this thread, myself included, is worried about the market tanking in the near term]. Plus, there is the unknown of how much reserve the European banks are going to hold to back the Eurodollar, and this info won't be available till the middle of May, according to understanding. I wonder if gold is sliding because someone knows they are planning on selling and not holding much reserve? Someone talk me into buying gold now instead of staying in cash. Please!!!