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Gold/Mining/Energy : KITCO - Gold discussion -- Ignore unavailable to you. Want to Upgrade?

To: kitkat who wrote (122)	9/24/1998 4:22:00 PM
From: sea_urchin	Read Replies (3) \| Respond to of 989

XAU up 14% in 2 days and you say nothing is happening?! EVERY other index down and you say nothing is happening?! cbs.marketwatch.com Do you think the Messiah has first to appear on Larry King Live to announce it?! I know it's hard to believe but it is happening. Can't you feel it?!

To: kitkat who wrote (122)	9/24/1998 4:24:00 PM
From: kitkat	Read Replies (1) \| Respond to of 989

Buy Banking? NOT!! Precise Buy Signals suggests loading up on bank stocks. I agree that banks have a lot of paper to burn. It will be a roaring fire. "July's high in the banking index was 932. At the moment it is at 679, 27% below it's high. Given the huge reserves of the U.S. banking system, it is probable that the market has over-discounted troubles facing banks.Today's decline reflects suspicion, not facts. The fact that banks have the financial strength to bail out Long Term Capital is reassurance that at this price range, bank stocks are a good buy."