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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Daveyk who wrote (26228)	7/29/2000 11:09:36 AM
From: donald sew	Respond to of 42787

Dave, Thanks, Their projections are in line with what Im looking at. If GOLD can get back to the 290+ region, my recent leaps would gain close to the 40-50% range.

To: Daveyk who wrote (26228)	7/29/2000 11:33:16 AM
From: bobby beara	Read Replies (2) \| Respond to of 42787

>>> If the short and medium picture can reverse higher and maintain some strength, then the outlook for the gold price over the next few years is not too bearish. ...> And if the short-term picture weakens, it could well go below the recent lows of 1999. .... the outlook longer term is, at best, flat to slightly up and, at worst, continued downside. <<< dave, i think he's covered all the bases -g- The gold stocks are registering three long term very oversold trin readings in the last 4 months, never registered three of the readings close together during the whole gold bear market from 1980. Got to believe we are putting in some type of capitulation bottom - one of these daze -gg-

To: Daveyk who wrote (26228)	7/29/2000 3:51:14 PM
From: Square_Dealings	Respond to of 42787

The article on gold doesn't mention the huge short positions and the gold carry rip off that has been keeping the price of gold down by essentially using it as free money. From what I understand about the way gold is loaned out at 1% interest rates the world banks might as well be using river rocks as a basis rather than gold. I think at some point they will wish they had used rocks instead because they wont be able to replace the physical gold quite so easily. Also the article doesn't mention anything about the consolidation in the industry which is a precursor to putting the squeeze on. Note that AEM and NEM held or moved up fractionally after reporting poor earnings this week. Nice charts though. good luck M. stockhouse.com