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To: Bobby Yellin who wrote (12437)5/31/1998 5:03:00 PM
From: PaulM  Read Replies (1) | Respond to of 116915
 
Global Gloom

biz.yahoo.com



To: Bobby Yellin who wrote (12437)5/31/1998 5:05:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116915
 
Bobby, I clearly fail to understand certain value investors thinking
that it is o'key to buy techs at their perceived low and wait 2-5 years for large return (never failed in recent years)
But it is a horrible strategy to wait that long for possibly staggering return in gold and gold mining shares , despite the very fact that the lower the gold is and the longer it stays that way..
the better fundamentals for industry is getting..not to mention
that gold is low only in Dollar term, thus an unavoidable collapse in $ would not be only a prudent diversifying policy but an amazing investment..



To: Bobby Yellin who wrote (12437)5/31/1998 6:03:00 PM
From: long-gone  Respond to of 116915
 
At the risk of sounding something of a bigot(which I am not), a first person report follows:
The area of greater DFW in which I am staying is mostly Afro-American(black). It was observed by CNBC that the black community are often "the last ones to come to the party".
There are now a great number of investor related mags at the check-out lines (fortune,worth,II...) ,when only a few months ago there were none.
I offer this only as a sign that the end of the Bull may be in sight.
th