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Gold/Mining/Energy : Hecla Mining(HL) -- Ignore unavailable to you. Want to Upgrade?

To: Terrence Von Holidae who wrote (474)	4/10/1999 7:02:00 PM
From: dwight vickers	Read Replies (1) \| Respond to of 629

Terrence, I fear your statement that a normal recession is no longer a possibility, is all too accurate. When we slow, and all the glowing, fearless projections are shown (and thus it ever was.....) to be ludicrous, there will be no way to unwind in an orderly manner. The problem with overly long, uncorrected cycles. That's why the Fed (with the tacit agreement, if not outright blessing or approval of former administrations) previously slowed the economy cyclically using interest rates and liquidity measures it controls. Speaking, of course, of the Presidential, 3 1/2 to 4 year, or "business" cycle, whichever one prefers to call it. While it used the interest rate card in 1994, this Greenspan Fed kept liquidity at levels that kept us from having the necessary cooling of speculative activity. Knowing as we do that Alan knows better, makes it especially difficult to understand why he did it. Maybe Clinton has something on him. I do suspect we will all pay for it if he was somehow indiscreet. Good to see you posting. Dwight (Picturing him in a strapless evening gown at J. Edgar's)

To: Terrence Von Holidae who wrote (474)	4/12/1999 9:44:00 PM
From: Roebear	Read Replies (1) \| Respond to of 629

Terrence, You are going to kick me (VBG). Today I did not like the POS action, quite likely that I was suckered, but chose to opt out of HL to reposition once again if it cooperates. Not HL's fault this time it held up very well, but we do indeed face a short term threat of a silver spike down to 4.60 or so. I might have held but saw another opportunity and HL as the weakest sector of my Portfolio had to go. I know we have talked about the long term and still believe in the potential, I just had to make a move, hope to be back soon. Perhaps I have become neurotic from trading Hecla, in any case I still hold AEM and NEM, bought at very good prices. If the Hecla train leaves before I arrive, I'll probably be waving my (sodden) hanky from the station, but I will have you know that from my work I am pretty experienced at getting on board the back end of trains. Its the front end you really have to worry about!