Newmont Mining(NEM) & Newmont Gold(NGC) Message Board

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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

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To: TokyoMex who wrote (65)	10/14/1998 10:47:00 PM
From: The Ox	of 587

Hi TM, I dumped my NEM Tuesday morning, only picked off a 1/2. Didn't like the looks of the gold market. Was very lucky to bail when I did. Played the Monday bounce in both HM and NEM. I'm not convinced gold will retreat all the way back to 290. I do believe gold market will take a back seat during this short earnings season. I expect the gold market to look better after everyone has a chance to digest the earnings and see how weak things are getting. Until the string of earnings releases slows down, there will be too much focus on "growth" stories. Michael PS have done very well with VTSS, they report earns tomorrow after the bell.

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