Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) Message Board

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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM)

AEM 160.04

+0.9%

Nov 21 9:30 AM EST

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To: Robert J Mullenbach who wrote (810)	3/29/2000 5:37:00 PM
From: Roebear	Read Replies (2) of 1612

Robert, Last week the trading AEM shares went, this week a bunch of the long term shares, the last this morning. Still holding some AEM but just a shadow. Needed the bucks for some OSX laggards I like. What can I say I'm just not good at this long term thing and besides whenever I announce I'm holding something long term it gets beat to heck! I'll be back in when I see a bottom and as a favor to AEM and the berserker thread, not to speak of myself, next time I hold something "long term", I'm just going to be real quiet about it! My view, FWIW, is that futures traders will use this move to run the low stops before they allow a rally and that short hedging producers will use that to get out of their hedges. Then there will be one heck of a nice rally! I'll be testing my talent at timing this market again and what the heck I caught every move in the last twelve months. The only downdrafts I got caught in were this one and the surprise BOE announcement in May (but I escaped that one with a profit, this one was half even and half ouch). Save some dry powder for bargains if my scenario develops... PS On the bright side I plan to buy some physical at this level or any lower and that ought to make it run! Best Regards, Roebear

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