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To: Sam Citron who wrote (100993)4/15/2000 9:27:00 AM
From: re3  Read Replies (2) | Respond to of 164684
 
quicken.excite.com

so this chart looks at newmont, amazon and the three indexes for a one year period...while the nasdaq is the top dog, an investor one year ago would have been better off in newmont than amazon...

i think you missed my point...if you want to be long in the high tech sector, fine, but why not offset it with a bit of the 'opposite' type of investment...

for example here is a beaten down south african gold stock with a lot of leverage : DROOY (i have some of that)...you can get it for about 1 1/4 or so right now...if one puts one % of their holdings into drooy for insurance, whats the worst that happens ? as opposed to being on margin in high tech land...(i better not go there !)

good luck and at least think about it ?



To: Sam Citron who wrote (100993)4/15/2000 10:03:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>Gold tanked last year.
Palladium didn't...one of the best investments I ever made in my life.
Copper is not on fire though.:-(



To: Sam Citron who wrote (100993)4/15/2000 2:44:00 PM
From: Victor Lazlo  Respond to of 164684
 
I looked at two gold funds listed in IBD today. One is down 16% for the year, the other down 18%. Both were up 1% for the week ending yesterday.

Not exactly a compelling "buy" scenario in my opinion.
Victor