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Frank Pembleton

10/29/02 9:58 PM

#39665 RE: ItsAllCyclical #39662

So you're telling me that your one and only oilpatch pick is a company that's accused of floating a few trades, has a suicidal staff and a pension plan shortfall????

Dude... this market is wildly oversold -- physical gold trades inversely to the USD and with the price of crude kicking back to it's normal trading range I see nothing but renewed strength in the US economy.

I'm not saying the bottom is in-- but then again, you don't get there in one fell swoop. It's rally time!

Regards,
Michael

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CoalTrain

10/30/02 4:19 AM

#39696 RE: ItsAllCyclical #39662

Sorry, not selling my gold plays here with the US Dollar still very overvalued

Gold stocks went down but the bullion did not. It went up. I think we go higher into the election and then sell the news. Most likely a good buying opp on gold stocks. If the Dems gain control of congress gold may really do well.

CT