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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (964)5/2/2000 5:02:00 PM
From: wlheatmoon  Read Replies (1) | Respond to of 2850
 
I saw the big XAU move today.... it was hard to miss
-g-


LOL....you got some gold stocks? I have some AU, NEM, and HM. I like AU's 8% dividend in addition to the potential price gain.

The key question is how quickly and by what magnitude will the over 30% decline in the NASD slow down inflation and the economy?

I think the drop in the NASD has been primarily related to lack of buyers as opposed to interested sellers. That's a problem to me. Until we have interested and dedicated sellers...we don't have a bottom. On the other hand,,investors who are long term buy and holders may never sell until it doesn't matter any more.

The drop in NASD is not making any impact on inflation..yet. Consumers are still consuming like there's no tomorrow. Maybe they know something I don't. -g-

That's just from a cursory look of the world around me.

mike