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Gold/Mining/Energy : Dakota Mining DKT

DKT 25.00

0.0%

Dec 27 4:00 PM EST

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To: bob k who wrote (121)	4/28/1999 3:55:00 PM
From: bob k	Read Replies (1) of 141

FROM GOLD-EAGLE.COM FORUM Apr 28, 15:07 As an author and newsletter editor I frequently get asked when the next bull market for gold stocks will begin. Vronsky may be ahead of me in announcing that is has begun. I am still waiting for two more confirmations although we and our subscribers and clients are already well positioned for the move up. The fact is: gold will not recover until the markets top out. Period. The correlation between the S&P and the XAU is unmistakable. We believe the market top is imminent. Second, the XAU needs to close above 72 to 74 to signal a true breakout - and to hold that level. Buy all the January 2000 and or 2001 calls you can afford - to play it safe. Time is on your side if the big moves don't happen until September through year end as we suspect. We will post another note when the breakout and the next bull market has begun by the noted standards. Start bidding now so you can get the stocks or options without having to bid in a "fast market." Newmont responds the quickest to changes in gold. CDE (New York) responds well to silver which we expect will move before gold. You may contact me at y2kbook@telusplanet.net

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