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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Long John who wrote (83868)	2/21/2000 11:00:00 PM
From: Northern Cougar	Respond to of 120523

John only comment I can make about gold at this time is: As you know Gold is a long standing hedge against inflation. With impending rises in interest rates (some "talking head" even said possible 100 basis point increase within the next six months) and the DOW heading down to possibly 10,000. I can see nervous money moving to Bonds and Gold, so gold stocks will probably go up with this scenario developing. I'm however committed to strong tech growth stocks. After the next Interest rate hike Financials should look very attractive. In Canada for example, Banks like TD (which owns TWE) have exceptional revenues and earnings and are trading at p/e's of 7.9 and yielding better than 2.3% dividends. N.C.

To: Long John who wrote (83868)	2/22/2000 7:21:00 AM
From: Doug Robinson	Respond to of 120523

John, I've bought and sold gold stocks three times in the past year. I'm holding a 4% position in them currently. The key to any investment for big returns is to get in and establish a core position at a low price. I'm not buying any at these prices but I think you will see more positive news regarding gold's possibilities which will of course send the prices higher. I sold 20%of my gold position recently (1% of my total investment position) and would have sold more but Greenspan's recent comments causes some concern. I've put 10% stops on the gold stocks I own. I'll still have a good profit should gold turn down but I still think they have a good chance to move upwards. Of course, it's easy to make this play when you are in at lower prices.