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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (529)1/23/2003 2:17:32 PM
From: Jibacoa  Read Replies (1) of 1404
 
IGLD Gold is "hot" and the gold mining stocks have been acting well with the increase in price of that "barbaric relic" or "yellow metal" <g>but IGLD even though has "gold" only on its name is not doing bad either.

The stock is up another 30% today on volume of more than 1.6M

Of course all the "Internet stocks" especially those from China & India <g> have been doing pretty good lately.<g>

And according to the article in Forbes two of the best performing newsletters are saying that serious profits are still to be made.<g>

Kevin Kennedy, editor of "Coolcat Explosive Small Cap Growth Stock Report" started to recommend the Chinese Internet stock last Summer, advising to buy NTES and SOHU which are up more than 700% and 500%, respectively,and he is out of them, but is now advising to buy a new crop of red-hot overseas "Web plays".<g>

REDF and IGLD are on Kennedy's list and IGLD is actually profitable.(PE is around 17 <g>)

Recently, Kennedy added PCNTF to his portfolio.(The shares have more than doubled so far this month.)

The other newsletter that Forbes mentioned "FindProfit" pays more attention to fundamentals than technicals. They have advised to buy DSCM (I am long on that one, but has not being doing well this month.<g>)AMTD (which is trying to rally today <g> and DCLK (which did OK yesterday) but those 3 stock have not performed well this month.

HOMS (Another one on the list) had a good up-gap on January 10 but still needs to close above its November 21 H of 1.70 and TSCM is down today in spite of the recently settled lawsuit with AOL.<g>

forbes.com

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Julius Wong's Chinese Portfolio has been doing well also.<g>

Subject 53540

Bernard
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