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


To: Hawkmoon who wrote (54114)6/13/2000 6:57:00 AM
From: long-gone  Respond to of 116762
 
<<It's a game and everyone knows it. And the goldbugs haven't been invited yet.>>

No, we were invited, just given a free cab ride home every time the party was warming. If not today, then with-in a very short time the bugz will stay & party while the barn burns. Watch - the fire has already begun.



To: Hawkmoon who wrote (54114)6/13/2000 8:34:00 AM
From: LLCF  Respond to of 116762
 
<David, the Nasdaq100, an index representing literally TRILLIONS in market cap was down over 30% (well into bear market territory). Yet gold stocks hardly moved, and neither did the POG>

Ho, ho... sorry Ron, Gold was the best performing stock group for the first quarter... way outperforming other averages.

<But what DID MOVE is the US DOLLAR. Now why is it that, in the midst of a major sell-off in the tech stocks, we see the US dollar reach new highs?>

Exactly, and as that corrects gold will really start rocking...

<And listen... I've seen some stocks trading down 75% off their highs recently, while at the same time we're seeing new highs being made in other stocks. It's called rotation and following the hot money where the analysts are pushing certain sectors and stocks.>

<It's a game and everyone knows it.>

Yea, it's called "rampant speculation"... available at 'e-toyts' today.... remember lot's of the ones down 75% are going OB. Many others were UP hundreds of %. Many of these stocks will NEVER see their highs again.

DAK



To: Hawkmoon who wrote (54114)6/13/2000 9:14:00 AM
From: LLCF  Respond to of 116762
 
<And given that this money found its way back into the market and the dollar is consolidating back at its February-March levels, maybe we're just due of a 1/2 year or so of consolidation.>

Another prediction??

DAK