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To: menanna who wrote (11608)5/14/1998 1:35:00 PM
From: long-gone  Read Replies (1) | Respond to of 116832
 
No Y2k "bank holiday" per Fed.
bog.frb.fed.us
They wish to: "By making these actions a top priority for depository institutions and their supervisors, we hope to minimize disruptions to bank operations and to bank customers." Note they did not say they wish prevent all disruptions - just minimize!
bog.frb.fed.us
rh



To: menanna who wrote (11608)5/14/1998 3:10:00 PM
From: Richard Mazzarella  Respond to of 116832
 
Annamaria, <<how U doing?>> Not well, the world is coming to an end and money just keeps flowing into the US market. <VBG> Being short is killing me, I just bailed from Ursa. <<How sick is the XAU today?>> The free XAU forecaster will be available tonight. I'll post a reading then. Interesting article, thanks for the post.



To: menanna who wrote (11608)5/15/1998 7:02:00 AM
From: Richard Mazzarella  Respond to of 116832
 
Annamaria, couldn't do a read on the XAU forecaster, there must be a problem at the forecaster webpage, it was not updated. The day before forecast was bad for the XAU. IMO any strength we are seeing in POG is just the current Asia turmoil. That could quickly reverse on the situation improving. Be careful, it could become a trading trap. However there are some nice non hedging jr gold's that can produce positive earnings at $300 POG selling for peanuts. Time to pick them up for leverage on POG IMO. The POG dog will have it's day.