Forum Archive Index - July 2002

[nickk@quicksilver.net.nz]

Winner 69 

I like your stuff.  The critical figure here is 'reported'.  The States has 
a long way to fall yet.  Nick (ratkin etc) predicted a rally a short while 
ago and I backed him up.  I am still bullish on Gold/Silver and like Stephen 
am taking a longish term view.  Gold stocks are quite volatile at the best 
of time and I haven't got the tools for day trading etc. 

Derek made some good points.  The manipulation in the US over the past 6-10 
years (Clinton's reign as the world's biggest socialist)was appalling.  I 
firmly believe that the market will win and the US economy will turn 
downward. 

One thing is sure, I will be on this forum in 12 months time so feel free to 
tell me I was wrong.  I will gladly put my hand up if so.  I am holding one 
aussie silver stock at the moment and aia ( i love this stock...it has 
quality written all over it and i have been in and out of it over time).  
Apart from this I am cashed up and waiting. 

Cheers for now.  Craig Barrett looking good for GOLD right now in the walk.  
Now why don't they hang a US dollar round their neck when they win???????  
BECAUSE IT IS NOT WORTH ANYTHING!! 

cheers 

nk 

Winner69 . writes: 

Diverse opinions from Derek and Stephen. Only time will tell who is right
> about the future gold price. 
> 
> However you have to think that there is more grief to come in the US which 
> will no doubt have an adverse impact on the Australia and NZ markets. 
> 
> According to the S&P website the S&P500 had a p/e (based on 'reported eps' 
> whatever they are) of 40.07 at the end of June. Divident yield was under 
> 2% 
> 
> Since June 28th the S&P500 fell 13% to a recent low and over the last few 
> days has recovered by a little over 6%. 
> 
> So in spite of all these ups and downs with a decline over July of 7% the 
> S&P500 still trades on a p/e of more than 37. 
> 
> Not much of a change 
> 
> 
> _________________________________________________________________
> Chat with friends online, try MSN Messenger: http://messenger.msn.com 
> 
> 
> -------------------------------------------------------------------------- 
> --
> To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/chat/forum/ 
> 
 

----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/