Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ahhaha who wrote (1195)	4/29/1999 9:55:00 AM
From: Ahda	Respond to of 3558

house.gov

To: ahhaha who wrote (1195)	5/1/1999 1:06:00 AM
From: ahhaha	Read Replies (1) \| Respond to of 3558

"The stocks are forecasting higher prices but they are wrong," said Peter Ward, mining analyst at Lehman Brothers. "The trade I like at this point is to be long the metal and short stocks, because either I'm wrong and the metal does rally, in which case it's already built into the stocks, or it doesn't rally and these stocks are grossly overvalued." How about the most "unlikely" possibility, the stocks continue higher and gold is flat. Actually the expectation is that what has been happening will continue. It's called a trend. Why fight success? This is the nature of price exploration; it continues while the so-called experts get clever in the way this clown has mentioned above. So why do all of you put value in what these experts say? There is only one reason: you are hoping that they can influence someone else to be a greater fool. Fact is, that kind of approach which is preferred on Wall Street, is guaranteed to lose. It causes you to become that someone else.