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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC) -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (309)8/6/1999 11:41:00 AM
From: munsters  Read Replies (1) | Respond to of 587
 
I like it because its cheap...Asia is picking up...internet excitement is waning...investors have gotten bit a little..I can see more money leaving our shores over the next few months...funds will be booking profits this month..if they haven't done so already...Aug/Sept has a chance to get ugly...while everyone is FED watching...Remember if Greenspan hikes rates again the market may fear a third hike...the third hike is usually the killer...Semis are going strong...to me semis are the pulse of our economy...thats telling me money managers think this economy is still hot...Battapab=glia thinks the economy is slowing down itself...I think thats wishful thinking...this is the best shot in a while that gold has to squeeze the shorts...I'd like to see a 30 % rise in the price similiar to oils move...that happened very fast...when everyone was saying oil will remain at 11-13 a barrel...Good Luck...