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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (39420)	5/7/1999 10:21:00 AM
From: Cynic 2005	Read Replies (2) \| Respond to of 86076

I want to wait till 3:00 PM to see how the day shapes up. FWIW, I think that today is an extraordinary day in terms of fundamental events (bonds, gold, equities.) If my speculation is right, bonds might cave-in in the later part of the day and gold recover much of the losses by 3:00 PM. If so, I will jump in by adding more gold shares, puts (including RMBS.) Other wise, I will wait till monday to see how things unravel. It took more than 16 years for this bull to build this much fat. All of it will not burnaway in one winter-blast. Disclaimer: IDKJS.