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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: re3 who wrote (25468)12/15/2000 8:50:14 PM
From: Clappy  Read Replies (4) of 65232
 
Ike,

I remember when you came here and told us all to buy DROOY when it was $1.25 per share.

Seeing how it has recently hit ~56 cents per share, I'm thinking that your advice isn't much better than buying some of those fiber favorites that have dropped off (especially at this over sold level).

Although gold has been in a bear market for a long time now, and is probably oversold, it still has not given a clear buy signal. Why is now the time to buy gold?
Even if the dollar does begin to falter, wouldn't it make more sense to buy American gold mining companies rather than DROOY from South Africa? US miners would get added leverage from a falling dollar, no?

-Clapster

P.S. Hi to all the porchers.
If Ike can post here, so can I...
Glad to see the election rhetoric coming to an end...
:^)
HeeHaw!
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