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To: Sonny Blue who wrote (98767)	4/4/2000 2:09:00 PM
From: GST	Respond to of 164684

The pros are doing the selling. Are you buying gold stocks?

To: Sonny Blue who wrote (98767)	4/4/2000 2:10:00 PM
From: GST	Respond to of 164684

COMEX gold rallies over $290 as equities tumble NEW YORK, April 4 (Reuters) - New York gold futures rallied sharply to their highest level in two weeks early Tuesday afternoon as investors stampeded from plunging Wall Street stocks into more secure assets, dealers said. At 1311 EDT on the COMEX, benchmark gold for June delivery was up $7.60 at $288 an ounce, having reversed early slippage and powered above important chart resistance at $290 to $291.50, its highest since March 21. The move into gold, historically considered a store of value in times of financial market crisis, came as falling technology shares sent the Nasdaq stock index into near freefall, to stand down 574 points, almost 14 percent, by mid afternoon. The Nasdaq plummet dragged the Dow Jones industrials down four percent or 444 points, one day after it rallied 300 points. ``It looks like every one is kind of panicked here,' said Carlos Perez-Santalla of Hudson River Futures. ``Gold did not start running up until the Dow went negative. Now that the Dow is accelerating its downmove we're seeing more and more buyers come in.'