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To: Lucretius who wrote (6211)12/22/1998 3:38:00 PM
From: psyched  Read Replies (1) | Respond to of 14427
 
LT and PK:

Any idea why gold is tanking? What's your take on the situation? Long time lurker but have really appreciated and enjoy your evaluation of the fundamental market conditions(FWIW now). Thanks.



To: Lucretius who wrote (6211)12/22/1998 3:44:00 PM
From: MARK BARGER  Read Replies (1) | Respond to of 14427
 
I dumped my AOL at 122. I flipped it a couple of times for scalps, but don't have the courage to hold it overnight in this bubble environment. CNBC is talking about a new way to value these internet issues as maybe we are in a new paradigm after all. Whatever. I bought in today because it seems like all that is going up is the internets. What I'm really looking forward to is the top to put some of these bad boys. I'm still looking to short NVLS for about 20 pts. sometime in the near future, but it's hanging pretty tought lately.
Good luck to all.

Mark