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Frank Pembleton

10/22/02 9:26 PM

#37498 RE: Captain_Jack #37491

Before calling me miserable, I looked at the profile of ol'TS and he's still a freeloader-- when did you say you were going to pay for his membership? ...and when are you going to pay for yours?

Oh! The humanity...
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...and to bring myself back on topic -- why is everyone interested in gold? One lousy day in the markets and the yeller dawg becomes centre stage?

For the folks who don't have a position try averaging in when the tech stocks look pretty-- and not the other way around. Unless we see a complete collapse in the US$ I don't expect any action in this sector until the new year.

...keep an eye on crude prices-- stocks levered to heavy oil have been taking a shit kicking. Cheap crude oil = strong dollar = an even bigger rally.

Regards,
Michael