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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Ron Pitts who wrote (48064)	2/5/2000 3:51:00 PM
From: Rarebird	Respond to of 116752

Fine. I'm not surprised by anything these days. But lets see if one of these rallies can last for a change. This rally smells, tastes and feels like it is of the Bear Market variety: short, sharp and sweet. Let's see if it lasts more than a few days or a week. I'm sceptical enough here not to add to my 1/2 position yet.

To: Ron Pitts who wrote (48064)	2/5/2000 4:22:00 PM
From: Ken Benes	Read Replies (1) \| Respond to of 116752

Ron: Those numbers for the stocks mentioned are meaningless unless you sell into a rally. Selling junior producers in a falling market can be a frustrating experience as you wait for an order to be filled. During the course of a year, you might get one rally significant enough to make a 100 or 200% return with the juniors. On the other hand trading a senior like nem can return consistent 20 to 50% returns in the 20 to 30 dollar range two to three times a year. Nem is also very liquid and holds it price long enough to get out during the day. As with all gold stocks, the opening is a big risk. Should gold fall overnight in Europe, the best stocks will gap down erasing a portion of a profit. Ultimately, it is a matter of choice and trading expertise when deciding to play the juniors or the seniors. Ken