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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (2189)11/14/1998 4:43:00 PM
From: Zardoz  Read Replies (2) | Respond to of 80976
 
Where you been hiding?

#reply-6391077

But... then I'm wriggling, NOT.

It always amuses me that people invest money into the market and still they don't know the fundamentals. That makes it easier for others. Cause the less informed will buy on the way up, and fear losing on the way down. So they are by all means long term holders. I neither care where gold goes, up or down. I just want it to move.

It is far easier to tell when a stock is overvalued than undervalued. If it is true that the GOLD price is on the move up, than you'd see takeover of junior producers NOW. Yet.... nothing. This adds to the suggestion that producer/hedger are over valued.

Consider my opinions as my own. And I really hate to see the less informed loose money.

Future contracts trade at a premium to spot, and must take into account volatility. Selling futures DOES NOT PUSH DOWN SPOT. Futures parrllel spot, to a lesser degree. Except when the spot is bought to cover the futures.



To: sea_urchin who wrote (2189)11/15/1998 2:46:00 PM
From: Tom Byron  Read Replies (1) | Respond to of 80976
 
Searle:

usually by the time ya find out what a short sqeeze is, it's too late...:(

so bill has his cyber cafe, and right now I am in mine. Sitting here in the Cyber Lounge at 1122 4th Street, San Rafael, CA (next to the Historic Rafael Theater) which was in George Lucas's old movie of the 1960 with all those rock and roll songs in them. (can't remember the name of the movie.)

Paying $6 bucks per hour to use one of the many computer here in the back section of the coffee house. and for free, I can look at "weird" art work on the wall in front of me. i will not attempt to describe for the sake of the women and childre present.

the local folks on still working on the "long" ongoing renovation of the movie theather. It's been closed for about 10 years but looks like they are getting closer to finishing the renovations. it will operate as a theater specializing in showing small indepedent movies...etc,etc.etc.

now i guess ya all want to know where the marekts are going..well, have not done much chart work (if any).. BUT still waiting for that 6th wave down on the s&p 500...gold-- afraid, its just going to fiddle along for several more weeks before the final plunge....noticed that y.auger has (for now) given up on 35 for the xau...even sounds bullish....don't know what has effected him. hope he recovers in time.

since i'm paying 10 cents a minute to tyipe away at this compute, i'd think that i stop here...only can aford to throw so much money into the pot right now....besides, shouldn't guru be the one collecting the dough...:)

bye.