{{{{{{ GOLD TANKING }}}}}}} hey Mr. Moody

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Where is Dick Moody? Gold is down off the charts on KITCO Gold website. Stocks are up. What happened to the crash that NO SPAM predicted?

-- (DowGuy@wallstreet.com), October 14, 1999

Answers

Oh, yeah, WILD SWINGS on the part of both the-price-of-gold AND the stock market performance indicators SURELY indicates a very HEALTHY, STABLE time. LOL! LOL!

Moron.

-- King of Spain (madrid@aol.cum), October 14, 1999.

Give it time. The DOW is toast.

*If* we move down to about 10,250, it's good night nurse, and you can kiss your a**es good-bye.

Don't necessarily expect a huge crash overnight, but the top has been reached and it is going the other way for good.

You heard it here FIRST.

Paul Milne

-- (brett@miklos.org), October 14, 1999.


Boy, you guys sure get crabby with these ups and downs. Try having a menstrual cycle. We're used to this kind of thing.

-- a mom (wann@cry.com), October 14, 1999.

Note that New York knocks it down, and one or more of the others putis it back up. Battle of the Titans.

-- A (A@AisA.com), October 14, 1999.

Dow and Gold are going up and down now because of conjecture, manipulation and inertia.

Jan- March 00 they will be where they are because of reality and growing inability of spinmeisters to hide failures.

In complex adaptive systems, one good sign of an impending state change is "transients" (spikes).

p.s. My small snapshot of the world (several hundred projects in two countries national governments and very large corporations) has two camps. In the smaller camp, are organizations putting the finishing touches on internal remediation, contingency preparations and their "food chain". In the larger camp is organizations putting the finishing touches on their contingency plans for what to do in lieu of fixing their systems.

Good time to be liquid, diversified and defensive IMHO.

-- ng (cantprovideemail@none.com), October 14, 1999.



Dow Guy, you did a good job of debunking another doomer. These predictions of doom are completely baseless and never will come true, at least not in our lifetimes.

-- jbsmith (joebobsmith@yahoo.com), October 14, 1999.

a mom,

LOL! LOL!

-- Leslie (***@***.net), October 14, 1999.


Dow Guy,

Stick to your Dow. You don't read for comprehension very well do you? Allow me to recite my statement regarding Gold:

": Thursday or Friday should finally be the day the Goldbugs can re- start their celebrations...but don't overdo it cause the market sure won't overdo it anytime soon. But I expect Gold will try and test $330 on Thursday IF, IF the overnight market can get and keep the pprice of Gold (basis Dec.'99 contracts) at $324.00 or higher by the time the COMEX is ready to open...IF so, then they'll likely make a daytime run to $330 or make the attempt. They might succeed on Thur, but more likely close up about $3.00 to $4.00 higher which positions it closer to the goal of cracking over $330 level. I expect it to retry that on Friday and will probably crack back over $330. IF so, then next week could see a retest of $340 also. Gold is still longterm bullish and short term bullish but not like it was. If on Thursday the market drops out of the previous trading range below $320 then the market will likely test $300 before it tries to run again to $330."

Allow me to restate: "IF, IF the overnight market can get and keep the pprice of Gold (basis Dec.'99 contracts) at $324.00 or higher by the time the COMEX is ready to open..."

And also to restate: "If on Thursday the market drops out of the previous trading range below $320 then the market will likely test $300 before it tries to run again to $330."

Guess what... the overnite market didn't set the boys up the NY boys correctly. So as you can see my statements came with caveats. The market was not correctly setup and therefore NY never really had the position nor strength to crack $325.

Nice try, but next time use a bigger brush when you want to paint a picture with turpentine.

Gold came up to a crossroads and went down the road less travelled. That road will merge back to the main road after a while and has plenty of trails to jump off that also lead back to the main road.

-- Dick Moody (dickmoody@yahoo.com), October 14, 1999.


Hey Dick,

Don't be so moody. I bet the market tanks on Friday.

-- (DowGuy@wallstreet.com), October 14, 1999.


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