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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

4:00 PM EST

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To: goldsnow who wrote (59626)	10/12/2000 12:43:28 AM
From: Rarebird	Read Replies (3) of 116753

<PDG below $9, AU below 18, NEM below 16 is an easy 50-100% profit in 6 month time...> Easy? ROFL. The easiest thing was seeing the new all time lows coming on the XAU!!!!! I got some limit orders in well below the August 98 lows on NEM, ABX, PDG and HGMCY while the dogmatic rampant bullishness continues on GPM. By the time my orders get filled, GPM will be a ghost thread with not a bull in sight with the possible exception of Hutch and Bob Johnson. As for my QQQ's, you should be so lucky with your goldie stocks. I was short the NDX from 4259 to 3700 and I have had puts as a hedge and protection here. My NDX got one other thing you don't have with all your Gold Stocks: Growth PS You just gotta love the impulsiveness of the decline in the XAU here. It's getting kind of feverish. But it's not over yet IMO. Hope you had some protection on the way down.

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