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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.33+5.2%Nov 26 4:00 PM EST
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To: long-gone who wrote (34505)5/25/1999 7:46:00 PM
From: Jim McMannis  Read Replies (5) of 116778
 
RE:"Is it at all possible that there are internet based margin calls going out and
as everything is sold, gold & XAU members are included? "...

Very possible. The idea that gold stocks are some kind of hedge against a market collapse is a fallacy. I would expect gold stocks to do better than internet stocks since they are already oversold.
I think there is a good possibility we will look back in a few days and the DOW will be a thousand off its high.

Jim
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