PHLX Gold/Silver Sector (XAU)

[long-gone]

To:William Jones who wrote (217)
From: Bearcatbob Sunday, Jul 6, 1997 8:52 AM
Respond to of 80032

William, Your post reminds of one of my favorite quotes " Just because something is ineviatble does not mean it is immenint".
Bob
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=1709821

To:Salvador Villavieja who wrote (222)
From: long-gone Sunday, Jul 6, 1997 10:12 AM
Respond to of 80032

Hi Salvador,
In times such as these, one must look not only at what is said; but by whom it is said, and WHY!
Who are these 'Analysts',& what do they have to gain by their "Doom & Gloom" scenario? I always suspect the worst.

12 months ago I held a lot of South Western PublicService(SPS). Despite my many feelings to the opposite, & an announced merger with
Public Service of Colorado(PSR),I was assured no gains were to be made in the electric's. All on wall street, said this sector was "dead for ever". SPS was at $30 US then - Saw it the 2nd or 3rd @ 37 3/8.

I would bet the ones saying SELL-SELL-SELL are quietly buying! From here on out, I will believe my gut! Back home in the "patch" there is a saying about "pi##@&% down my back, & telling me it's rainin'".
It won't happen again. If these SOB's tell me to sell, I'll buy!!! (and I'll bet, they are doing the same).

Fearless
Richard
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=1709917