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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (10710)8/12/1999 11:20:00 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Gold Portfolio +2.75 pct today. . MDG +7.5pct; DBRSY +6.5 pct are the leaders.

The whole portfolio is up nearly 25 percent here in 16 trading days. . an average gain of 1.6 percent per day. . .still 60 percent more brisk than our Internet portfolio was in the first quarter of 1999.

Here is link to gold port: siliconinvestor.com

It is on this funky "New" SI site, so no telling whether that link works or not. . . please let me know if it doesn't so I can try something else.

I am carefully watching these financials and transportation stocks. . to see if they hold their gains/strength.

Rande Is



To: Rande Is who wrote (10710)8/12/1999 11:33:00 AM
From: American Spirit  Read Replies (1) | Respond to of 57584
 
Sorry, saw NEM down and assumed that was the bellweather.
Don't follow gold stocks. Got burned twice in the past on them. Once one went down 35% in one day on me. Ouch.

As for the bottom, I think we've seen the worst for awhile. Inflations fears dimmed a little today. Retail report strong for those stocks. Again, I believe we'll yoyo before a rally. The recent sell-off has satisfied most of the bears. I predicted two weeks atgo that $80 for AOL and MSFT was the bottom and $60 for LU. I bought Lu two days ago for $60 1/4. That to me signalled the bottom.

Like you though, I admit I could be wrong. And I admit many of the small stocks remain hammered. There's just not enough money back from vacation to support a widespread rally yet. The most popular stocks go up first.

I own a lot of T so what's your opinion of it? Just bought more for $48 1/2 and consider that a bargain.