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To: MythMan who wrote (6596)7/27/2000 8:33:52 PM
From: pater tenebrarum  Respond to of 436258
 
lol...absolutely...however, gold stocks are in a class by themselves. they have a regular bull/bear cycle, whereby the bear markets usually are much more protracted than the bull markets. the bull markets however are not only extremely swift, but also very rewarding.

when looking at other stocks, no matter how enticing they seem, you always have to worry about general market risk -- which is extremely high.

the Barnes risk index that has oscillated between 0 (little risk in equities) and 100 (lotsa risk in equities) forever, now stands at a historic extreme of 360...as off the scale as it ever got.

a secular bear will take no prisoners...