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Gold/Mining/Energy : ABRG (formerly AMBY) any news? -- Ignore unavailable to you. Want to Upgrade?


To: Your Highness who wrote (853)2/27/1999 1:38:00 PM
From: WHITEAGLE  Read Replies (1) | Respond to of 1358
 
JMHO is that "safe haven" and resource stock sectors will be flooded with new investors as April fiscal 2000 for several countries hit worldwide.

I am actually expecting a big "Hiccuup" in the world market with a 3500 point sector shift in investments with a 900-1200 point drop in the US market.

My perspective is based on greed and fear. Those things that drive markets. In April there are 6 fiscal 2000 accountings that I believe will significantly shock and stimulate the World and US markets to shift their sector focus.

September 9th 1999 is 9/9/99 or for many Cobol programmers from over 30 years ago; the end of their program parameters. Hence there will be computer failures on that day.

These stresses on computer commerce will really be stresses on "infrastructure" e.g. global infrastructure all the way to the local infrastructure are capable of being effected. Weather or not it is a significant effect is a mute point. Fear and greed will motivate enough peoples to shift the markets.

JMHO ... It could happen in stages; but I do expect it to happen and am now only in resources.

George



To: Your Highness who wrote (853)3/1/1999 12:00:00 PM
From: Shaun  Read Replies (1) | Respond to of 1358
 
Good points--might as well hold this and see where it goes. If they are even close on the predicted production numbers this stock has not even begun to see it's potential.

Shaun