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Gold/Mining/Energy : Nuvo Research Inc

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To: CIMA who wrote (671)	1/1/1998 12:38:00 PM
From: READE SMITH	Read Replies (3) of 14101

The "gift" of free advice would not be a good way to start the New Year -- it's often worth the price. I've been open about my (relatively conservative) strategy -- I have established a very substantial position by accumulating through successively larger purchases at key points on the way down from $3.80 -$2.90. If I were making a much smaller purchase I might try to strike at the "bottom". The risk of missing the train however will get larger each day of the New Year. And of course the "bottom" is only relative to the top -- what's $.50 now if we are on our way to $10? Happy New Year !! -- may you all live in peace and prosper.

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