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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)
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To: Larry S. who wrote (623)2/11/2002 11:14:39 PM
From: Dan P  Read Replies (1) of 972
 
Larry:

I think that simply we have had a big move in the gold/goldstock sector and we might be in for a correction. Possibly, a lot of Japanese wanting to switch to gold may have done so by that date, but I have of course, no way of knowing. also, the $300 level has to hold in here, or the correction could be very abrupt. Interesting "sell" on Newmont by Prudential analyst. Wonder if he ever had a "buy" on it. I heard that bit of news on CNBC. When was the last time a "sell" was broadcast on a TECH or some other mainstream stock, except when it had lost 90 % of its value, like Enron.

Cheers

Dan

Regards

Dan
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