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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (1062)	8/3/2000 4:18:00 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 1612

Roebear ? - add anything today, the close gave some shopping buys... I added another 5% to the portfolio on the late day weakness in AEM NEM GOLD HGMCY FCX in addition to some earlier buying. Will go shopping on All the above & maybe some KGC - DROOY for cheapies; maybe some Silver ... again tomorrow - setting some fishing lines/limit buy orders out to catch some new lows. I'll add 15% more to the portfolio at XAU 45-48 and will margin/use call leverage for Gold Stocks if we see XAU 45-40. ...reminds me of the dark days of $8-$10 Oil & no one wanting OSX stocks... Money supply, Food & Energy + most commodities reflect inflationary reality. Consumer spending still at 70's inflationary levels, of course- FOOD & Energy don't count .... and that derivative Short Position surely doesn't have any Longterm Capital type of overall market implications....and we know the US Dollar will never weaken. Damn; someone was trying too damn hard to rally the NAZ & snuff Gold today.... I don't believe the NAZ had ANY type of a capitulation feel to this bottom here ? Odd rally imo... I'll just keep feet in some Oil's - keep adding Gold's into this weakness and sitting on Cash. A 4500-5000 NAZ given the 6-7 straight Fed hikes, given the lower revisions on revenue growth for Dell & PC's, the problems with NOK, MOT & the Cell Phone market - is insane and will end ugly & badly imo.... a XAU 40-45 will be a gift from the God's imo...starting to build a good position right here - right now. Praying for the opportunity to jump from a new, or near alltime OSX rally high to a XAU low...