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Gold/Mining/Energy : Gold Price Monitor

GDXJ 136.03

+6.2%

4:00 PM EST

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To: Claude Cormier who wrote (38945)	8/13/1999 9:43:00 AM
From: Richard Mazzarella	Read Replies (1) of 116895

Claude, after watching resource stocks over the last few years, I have come to the conclusion that the only way to make significant money in them is to trade the gyrations. IMO the most money to be made is while they are very speculative. However there is good case that can be made for short selling resource stocks as long term investments. I have the feeling that the resent rise in metals is just seasonal and mostly a near death cat bounce. I really don't see the interest for the beginning of a new bull run. Interesting is the read of the early posts on this thread, they could have been written today. Goldbugs are such a hopeful bunch. <VBG>

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