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re-rebuttal / Re: metrotrash / was Re: Fwd: Harry Bingham - On The Economist, Daewoo, European Credit, EdwardChancellor, etc



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Hallock wrote:
<blockquote TYPE=CITE>You have a delete button - why don't you use it?&nbsp;
Those of us that are able
<br>to glean worthwhile information from these letters shouldn't be denied
the
<br>opportunity.</blockquote>
So who's denying you the opportunity?&nbsp; You're free to subscribe or
purchase any newsletter or product from any advertising you wish.&nbsp;&nbsp;
The question is: Is this a forum for newsletter self promotion?&nbsp; If
so, then when did it change?&nbsp; If it has changed, then let's open up
the doors and let them <i>all</i> in.&nbsp; If we try very hard, we might
even be able to find one or two that are even worse than Metropole.&nbsp;
Then we can ask the list's sponsors to change the name of this list to
news.investors.misc.&nbsp;&nbsp; Oh.&nbsp; Wait, that name is already taken.&nbsp;
Well, I'm sure we can think of another.
<p>Yes, I'm also as free to hit the delete button there as well as here,
but then I know what to expect at news.invest.misc, don't I.&nbsp;&nbsp;
And I'm also free to throw away the National Enquirer from my door step
every night, but like this forum, I don't want my doorstep cluttered up
with the kind of trash that insults my intelligence.&nbsp; If I wanted
it, I'd subscribe to it.&nbsp;&nbsp; I suggest you do the same.
<p>Apparently, you feel the people at Metropole deserve <i>your</i> money.&nbsp;
So why don't you give it to them.&nbsp; I'm sure there's a table waiting
there with your name on it.
<p>Mark Scheier
<br>&nbsp;
<p>Hallock wrote:
<blockquote TYPE=CITE>You have a delete button - why don't you use it?&nbsp;
Those of us that are able
<br>to glean worthwhile information from these letters shouldn't be denied
the
<br>opportunity.
<p>Sincerely,
<p>Pete Hallock
<p>-----Original Message-----
<br>From: scheier &lt;scheier@xxxxxxxxx>
<br>To: Larry Muir &lt;trdoptions@xxxxxxxxxxx>; RealTradersList
<br>&lt;realtraders@xxxxxxxxxxxx>
<br>Date: Friday, September 24, 1999 12:58 PM
<br>Subject: metrotrash / was Re: Fwd: Harry Bingham - On The Economist,
Daewoo,
<br>European Credit, EdwardChancellor, etc
<p>>So these blatant solicitations by this bullshit metrocafe group to
join
<br>their
<br>>newsletter service continue.&nbsp; Why are we being bombarded by this?&nbsp;
This
<br>kind of
<br>>trash belongs on news.investors.misc.&nbsp; Who are they kidding.&nbsp;
Gold is just
<br>>another commodity.&nbsp;&nbsp; Lot's of us were long the silver market
on the triple
<br>>inside day break out a few days back and took profits as it hit the
gap.
<br>Big
<br>>deal.&nbsp; It's just another chart.&nbsp; If silver breaks out of
its current flag,
<br>I'll
<br>>buy it again.&nbsp; No need to polute one's opinion with such trash
as this.
<br>Begin
<br>>to treat gold and silver like they have some special magic and you're
<br>doomed as
<br>>a trader.&nbsp;&nbsp; These pitiful gold misers have been losing money
all they way
<br>down
<br>>crying like liberals being voted out of congress.&nbsp; Now the market
finally
<br>turns
<br>>around and they want to say "I told you so".&nbsp; The spite these
people seem
<br>to
<br>>have for Martin Armstrong is by itself a tip-off that they can't be
<br>trusted.
<br>>Some funds are always short at bottoms, that's why we have short covering
<br>>reversals.&nbsp; The tone of their analysis implies they have some
moral high
<br>ground
<br>>and that the rest of the financial community has been out to get them.
<br>This
<br>>they call market analysis.&nbsp; I got your tables. What a bunch of
fags.&nbsp; I
<br>thought
<br>>this group was called RealTraders.
<br>>
<br>>Mark Scheier
<br>>
<br>>
<br>>Larry Muir wrote:
<br>>
<br>>> of interest to some
<br>>>
<br>>> >From: LePatron@xxxxxxxxxxxxxxxxxxx
<br>>> >To: trdoptions@xxxxxxxxxxx
<br>>> >Subject: Harry Bingham -&nbsp; On The Economist, Daewoo, European
Credit,
<br>Edward
<br>>> >Chancellor, etc
<br>>> >Date: Wed, 22 Sep 1999 16:03:16 -0400
<br>>> >
<br>>> >Le Metropole members,
<br>>> >
<br>>> >The erudite Harry Bingham has served commentary at
<br>>> >the Kiki Table that covers the waterfront on a
<br>>> >variety of related subjects.
<br>>> >
<br>>> >"The Economist"
<br>>> >"Daewoo"
<br>>> >"Korea"
<br>>> >"The European credit markets"
<br>>> >"credit overall"
<br>>> >"Edward Chancellor - "Devil Take the Hindmost"
<br>>> >
<br>>> >Today's gold market action from Midas:
<br>>> >
<br>>> >Gold roared out of the box today, opening strongly. We
<br>>> >learned this morning from a bullion dealer that
<br>>> >"Hannibal Lecter" (Goldman Sachs) was in their selling
<br>>> >yesterday like they had never seen. 8,000 contracts was
<br>>> >the number on Comex alone.
<br>>> >
<br>>> >Today, they handed the baton off to fellow "Hannibal,"
<br>>> >Chase Bank, that took on all comers early up to the
<br>>> >$265.30 level, basis the Dec. contract. The locals were
<br>>> >all foaming at the mouth to get short and they did.
<br>>> >Trapped short! - as they had to cover late when gold
<br>>> >refused to break going into the close. December Comex
<br>>> >gold finished at $265.40 - up $3.60.
<br>>> >
<br>>> >The only reason gold did not finish higher was that
<br>>> >"Hannibal Lecter" showed up offering 2,000 Dec. contracts
<br>>> >at $265.50 on the close. He was taken out. Then he
<br>>> >offered another 1,000 contracts. It was late in the
<br>>> >day and that worked.
<br>>> >
<br>>> >The open interest only went down 4700 contracts yesterday.
<br>>> >The market was looking for a 10,000 drop in the open
<br>>> >interest on Comex (this past year the open interest
<br>>> >often dropped 10,000 contracts on a $2 rally). That is
<br>>> >BULLISH as new buying came in. That is what we have
<br>>> >wanted to see for some time.
<br>>> >
<br>>> >We also received feedback this session that producers
<br>>> >were buying the back months and covering some hedges.
<br>>> >
<br>>> >The physical gold market is on fire. The gold market
<br>>> >fundamentals have not changed in two days. They were just
<br>>> >as bullish two days ago when most of the mainstream
<br>>> >gold analysts were telling you how bearish the gold
<br>>> >market was.
<br>>> >
<br>>> >The only change in the past two days is PERCEPTION.
<br>>> >
<br>>> >It is of interest to me that word is now spreading about
<br>>> >the gold market exposure of hedge funds because they have
<br>>> >borrowed so much gold to finance their trading operations
<br>>> >and investments.
<br>>> >
<br>>> >The Cafe has alerted you for weeks that we have heard
<br>>> >that just 4 hedge funds (Soros,Tiger,Armstrong and Moore
<br>>> >Capital) may be short 30 to 50 million ounces of gold.
<br>>> >
<br>>> >Yesterday, I reported further confirmation of Tiger's
<br>>> >short gold postition from a good source. You might recall
<br>>> >I mentioned how nervous this Tiger investor was because
<br>>> >Tiger is short gold.
<br>>> >
<br>>> >I also suggested that it would be only a matter of
<br>>> >time before some hedge fund sharks stepped up to
<br>>> >the plate to take on the vulnerable hedge fund shorts.
<br>>> >
<br>>> >Awhile back, I pointed out that the highly regarded Tudor
<br>>> >operation was buying thousands of December gold options with a
<br>>> >$260 to $265 strike price. That trade looks awfully good
<br>>> >today. Yesterday, Tudor was a big buyer of futures.
<br>>> >
<br>>> >One of the new top guns at Tudor, Dwight Anderson, just
<br>>> >happens to have been a big wig at Tiger until very
<br>>> >recently. Hmmmmm.
<br>>> >
<br>>> >It is Cafe time. Make a reservation if you have not done
<br>>> >so and check in for a full membership. The party is
<br>>> >just starting.
<br>>> >
<br>>> >&lt;A HREF="http://www.lemetropolecafe.com/scripts/products.cfm";>Le
<br>Metropole
<br>>> >Cafe&lt;/A>
<br>>> >
<br>>> >All the best
<br>>> >
<br>>> >Bill Murphy
<br>>> >Le Patron
<br>>> >www.LeMetropoleCafe.com
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>> >
<br>>>
<br>>> ______________________________________________________
<br>>> Get Your Private, Free Email at http://www.hotmail.com
<br>></blockquote>
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</x-html>From ???@??? Sun Sep 26 22:05:29 1999
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Date: Sun, 26 Sep 1999 16:25:09 -0400
From: scheier <scheier@xxxxxxxxx>
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Subject: Hey Stig
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Status:   

Hey Stig--Are you out there?   How about throwing up a chart on
gold, with some time/price and astro cycle studies.   Perhaps we
would all like to see something useful to our trading on the subject
of a potential bottom in gold.

thanks,
Scheier