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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: Yogizuna who wrote (13857)	5/14/1999 10:36:00 AM
From: pater tenebrarum	Read Replies (2) of 99985

Yogi, re: gold stocks, i'm in the same camp; i accumulate them on weakness as a hedge against inflation and general calamity in the markets. they are now so cheap that they can be viewed as call options on gold without an expiration date. sentiment on gold is so negative that an environment has been created that has historically presented a buying opportunity in the group. regards, hb

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