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To: Stewart V. Nelson who wrote (1108)	2/9/1999 4:34:00 PM
From: IngotWeTrust	Respond to of 1261

[OT-Gold- reply] I personally waiting for the other "short strategy" gold shoe to fall: You see, when big money, the ilk of JP Morgan, G/Sachs, M/Lynch, Republic Bank, etc., is on the wrong side of a solid, rally building base in Gold, one of 2 things will happen: 1) a locals led washout will be engineered to allow them out, making it a No, this isn't the final bottom in gold. or 2) a "money talks" arrangement will surface, where by cash is exchanged to cover the "damages" of the trapped shorts, ala LTCM bailout, making this a "Yes, this IS the final bottom in gold." Pays yer money and takes yer chances. I personally am looking for numero uno, but know about #2 as having been the recent poison o'choice, so am alert. One thing I'm VERY certain of is this: history is replete with final washouts--I'm on record for looking for 198ish on a downside deathrides-- being of extremely short duration! If and when one sees one of those...back up de truck!