SI
SI
discoversearch

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: Peter V who wrote (3420)9/25/1998 6:38:00 PM
From: Thean  Read Replies (3) | Respond to of 14427
 
Pete, US$ showed strength, gold couldn't penetrate $300, we will have to wait on this one unfortunately. We crossed over $300 early today but it is the close that counts. Therefore, I'm stuck in gold stock and option going into this weekend. : ( I do think the chance for a breakthrough above $300 next week (probably after Tuesday) is 60:40. However, if the US$ is up, and the overall market is up, gold should go down. OK, here my poem,

If $ up, DOW up, gold's a tumbling
If $ up, DOW down, gold's a snoring
If $ down, DOW up, gold's a rumbling
If $ down, DOW down, gold's a popp'n.

BTW, beside Pete and myself, is there anyone still short the evil tower? It closed at a "new" low today below $21 and still could not produce the 10Q. Next Tuesday is the dropdead date right, Pete?

Alski, I have decided to stay clear of shorting the tech and financial stocks until after Tuesday. They behave just like the internut yo-yo nowsdays. Very difficult to predict their movement. I have decided to go with DELL, probably the top of the range 450. Just need to pick up that phone to call. Will let you know what I get. DELL is just so much more in terms of value to the customers that I don't see in GTW. With the mo-mo they have in their business, it is hard to short their stock. That's why I don't listen to LT about DELL because it is the best model out there and they are making money like crazy. LT has been right about a lot of things but DELL. (LT - have you heard any more bad DELL rumor since you live in DELL town?)

Doc - you didn't hold YHOO over the weekend did you? You are in the fire pit allright. A lot of good luck to you, you will need plenty. <GG>