The Naked Truth - Big Kahuna a Myth Message Board

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To: Earlie who wrote (76807)	11/23/1999 8:15:00 PM
From: Terry Whitman	Read Replies (1) of 86076

Firstly, BK is a Myth. -g- An interesting thought, courtesy of an extremely experienced pal of mine. He notes that when a market crashes, everybody is looking for liquidity and hence all stocks are for sale, including gold stocks. Unfortunately, there are few buyers for any stocks except the gold stocks. Even the gold stocks decline in price during the initial sell-off, but once the initial smack has been taken, they start to plod upward under serious accumulation. A quick check of some previous crunches suggests that he is accurate. This little idea might be useful if things start to unravel. Secondly, your friend is at least partially right according to my thorough yahoo research- quote.yahoo.com nem actually crashed UP. Some lost quite a bit, some only a small amount. One point to consider about 87 is that all of them doubled in the year or so before it hit. Looks like NEM and ABX fared the best post crash. They all kicked arse today. <bg>

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