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


To: Zardoz who wrote (2207)11/17/1998 10:02:00 AM
From: Jim McMannis  Respond to of 81011
 
Hutch,
not if your short.



To: Zardoz who wrote (2207)11/18/1998 10:58:00 AM
From: Jim McMannis  Read Replies (1) | Respond to of 81011
 
Well Hutch, the FED cut. I din't think they would. Anyway...Saddams backing down seems to have been countered by the cut and the XAU is showing strength today.
I read your 10 point philosophy on gold stocks and the POG. I can't say i agree with every point. Especially the one about E-wave. But that's what makes it interesting. Never the less, the statement about just wanting the XAU to move, either way, mirrors my thoughts exactly. I prefer trading on my charts and fundamental model to the goldbug philosophy of hoping that Y2K or Saddam sneaking one in is going to validate all the long term loser holdings in gold.

Jim