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Gold/Mining/Energy : Position Trading in Canada
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To: VisionsOfSugarplums who wrote (1301)6/20/1999 12:10:00 AM
From: Ward Nicholson   of 2259
 
Gold:

...I think there's still a bit of time yet since it doesn't
appear that gold has bottomed ($250?) but I'm not sure that a bottom
is going to drive the gold stocks much lower (through their support
levels).

Agreed...that's why I only stated I'm biased towards a long
position in the gold sector. I get the feeling we're going to
see a small plunge in shareprices, followed by a large spike
upward. I figured I'd be buying on that plunge.

Thanx for the post. Interesting.

WN
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