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

To: Davy Crockett who wrote (59455)	10/6/2000 12:33:59 AM
From: John Paquet	Respond to of 116762

Well done, Peter. Buy low and sell hi is the best stretegy in playing stock market. For example as I understand you entered to buy ABX at this price level, I gurantee you that you will make money out of it but not day trading though. If you can hold this paper or a few days, ABX will become proitable. Then you can sell and make money at your disposal. Daytrading is very risky, no matter you win or lose you have to get out, in the long run it is not difficult to figuire out whi is the winners -- the brokers as you will have to trade too often and there is no good profits within that short hours. By the time you decide to get in or the get out there is no profit margin at all. This XAU has to be bottomed out so does ABX. It is my understanding that gold has to go with CRB, inflation hedge, but these few days { I bet only these few days go did exactly followed that dollar index tick by tick,} But there is a limit for dollar to go thus hi thus far, I bet 114.50 which occured today is the peak so gold and XAU has to be the bottom so does ABX. John Paquet