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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject2/13/2002 10:30:49 PM
From: gold$10k  Read Replies (2) of 36161
 
Hi Gang,

I've been watching closely for more than 3 years now and I continue to sense that the gold and gold stock market is different now. Most gold stocks are seeing sideways motion rather than a significant retracement. I attribute this phenomenon to both the arrival of new investors and an anticipation that we could start up again at any time that the POG does. The gold buyers seem willing to stand aside when an onslaught of selling hits, but then bid the yellow back up when it abates. Nothing is for certain, but this is my 2 cents (again). <g>

Best to all,

vt
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