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.

Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Cage Rattler who wrote (3486)	9/11/1998 10:27:00 AM
From: gregor	Read Replies (1) \| Respond to of 5676

>>>>>>Seems to be the case. How do you plan to take advantage of this observation? <<<<< Too many unknowns in the oil and gold market, but it foretells of volatility to come which I do not prefer to endure. My game plan is to watch the junk bond market and establish a significant position in the Vanguard High Yield Junk Fund, a very conservative junk fund by comparison. A lot of fear has hit this market as well; current yield is 8.99 %, if this market adjusts it will yield you a total return over the next 12 months of 12 to 14 % which is not too shabby. Tropical storm, Frances, has kept the Gulf so stirred up tankers cannot get in to unload but once this abates ( next week ) crude stockpiles will go right back up. The ships are riding it out right off shore; don't buy the rally in oil !! OR Gold !!! I'm not saying gold won't go to 325.00 but the risk reward ratio is not worth the risk. OTOH , look at this chart on gold, it sure looks like a significant rise is due, what to do....I think I'll stay in my gold fund for 4 or 5 more months. quote.yahoo.com^XAU&d=mym weather.com gregor