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Strategies & Market Trends : The Good-The Bad and The Ugly
MAGS 66.59+2.0%Dec 18 4:00 PM EST

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To: J D B who wrote (2797)10/3/2000 5:17:12 PM
From: Jane4IceCream  Read Replies (1) of 8686
 
Below $16 a share would be rock bottom IMHO. Gold stocks are very near their bottoms. NEM is the largest.

What event? One of several....

Dollar

War

Market Capitulation

Slowdown in foreign investments in US

etc.

Hey, look over the past 20 some years and you see 3 past cycles every 7 years where nobody thought about investing in gold and each 7 years the POG spiked good. Guess what? This is the 7th year. And each of those 3 cycles followed a rising energy market....which you know is happening right now.

Hmmmmmmmmm....

An investment in NEM, or PDG, or HM, or ABX at least wont lose you a lot of money like the techs.

Jane..<all in my opinion for I am not a gold broker but I do love gold jewelry around my fair neck>
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