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basserdan

04/16/03 8:01 PM

#98592 RE: mlsoft #98583

*** mlsoft and other Gold Bulls ***

James Sinclair seems to have made his way back from Bizzaroland!

I was getting worried about him...... <GGG>


April 16, 2003

heads Up To The Gold Community
We are getting very close!


In my opinion, the low point of the reaction cycle in gold occurred on April 4th. It is amazing how weak the US dollar became as the Iraq situation slowed down. Each time the Blue Coats at the Exchange Stabilization Fund (ESF) come to the rescue they seem to bump into offerings of such significance that they are forced to turn back. I hear there are huge offerings out of Asia in the market. We may well be in for a rough ride in the dollar well into May.

I have been informed that the author of the Malaysian Gold Dinar, now Malaysian Premier and Finance Minister, Dato Seri Dr. Mahathir Mohamad, will serve as the Chairman of the Organization of Islamic States for the next three years. From a most reliable source, it is said that gold remonetization out of Malaysia is still on line to occur this year in the form of the Malaysian Gold Dinar.

Please note that many of the leading gold shares are making good technical signals for higher prices, probably sooner than later. Get ready, get set, because this week, in my opinion, we will be in Go Mode for $358 as the first objective in gold's challenge of $400 one more time.







http://www.jsmineset.com/s/Home.asp

my best to all,
Dan
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jdaasoc

04/16/03 8:36 PM

#98599 RE: mlsoft #98583

CREE

Production sold out for 1 year ahead for LED's. Just about every frickin blue LED on electronic equipment is theirs.

They made very bad move buying out a company that made semiconductors for power amplifiers used in the cell phone industry and paid way way too much about $100 M too much.

Other than that valuation is worth it. Research contracts from our much heralded high tech military pays about 40% of companies overhead.
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brbz

04/16/03 8:59 PM

#98603 RE: mlsoft #98583

mlsoft:

thanks kindly for your input. However, I was looking to make a trade, not a long term investment, trying to become more Zeev-like in my market behaviors. But when the stock gets shaved by nearly $2 bucks, within 60 secs of market close, at the behest of trade sizes (both bid and ask) of 1 (ONE), before earnings are released, ... well I hope you can understand my frustration and exasperation.

IMO, the trading range of 20 - 21 was set up (painted) in order to ensure Max pain gets hit tomorrow. Market dynamics affecting supply of stock and pricing did not begin to kick in until earnings release @ 4:06 PM, and for real after the cc was over at 4:30; the rest is a sham. And of course the $2 haircut influenced trader reaction to the earnings report. JMO, BWTFDIK.

brbz