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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (40126)	5/21/1999 9:46:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

HI Bill; I was mostly janking on your chain, actually I went into a fund, and I think they play the gold better than I can, it seems they go both short and long , they have been beating the London gold index for a while now. What I did notice in the Gold sector is that production cost are coming down for most of the miners, advances in new techniques, and some other factors also are playing into the profit picture so the price of gold is no longer as much of a factor as it was just a few years ago. While the market seems to re-act just to the price of gold , the market also is slow to catch on. ----------------- I play the QQQ the most as it's the most volatile of the indexes, at times I use the SPY and other spiders, however these turn out to be short term bets, I'm trying to get a better handle on them for longer term bets but so far scalping the volatility makes more than just hanging onto a longer term bet. I play both sides , but more on the short side at this time. Jim