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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 33.30-0.8%12:00 AM EST

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To: Roebear who wrote (159)11/5/1997 11:56:00 AM
From: Susan Saline  Read Replies (2) of 300
 
HI Roebear,

This would be my plan.

Take your higher priced shares, and put them away LONG.

Play your lowest priced purchased shares for small gains, this can be done about once every 3 to 6 wks.

Put a half dozen gold stocks on your watch list, to give you an idea of the direction gold is going. When all are on the plus side, this is a good sign, showing a rally may be starting.

Also review the gold chart itself, to see the 3 day trend.
kitco.com

When the price of Gold rallys, the gold stocks follow, take profits on the lower priced shares.

Gold is still falling, as it has been for several years, but it does rally every so often.

ECO follows the price of gold, just as the majority of all the gold stocks do.

I did not read the earnings report, sorry.

If you post it here, I will read it. Thanks.

ZSue
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