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

To: long-gone who wrote (61359)	11/27/2000 12:04:11 PM
From: Zardoz	Read Replies (2) \| Respond to of 116759

The moves in gold stocks prior to move in POG don't matter? That's better written as a statement then as a question. The correlation between gold and gold stocks is limited. I'd even say causal. Hutch "Will the Real Slim Shady please stand up"

To: long-gone who wrote (61359)	11/27/2000 12:13:29 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 116759

long, isn't today's metal strength just the dollar getting whacked?

To: long-gone who wrote (61359)	11/27/2000 12:24:06 PM
From: Rarebird	Read Replies (1) \| Respond to of 116759

Richard, when a stock hits a trendline, it suggests that investors/traders will reevaluate the stock's fundamentals. A case in point is PDG at the $9.25 level. There are other gold stocks at this crucial juncture. At this point, it is put up or shut up for the Gold Stocks. If trendline resistance cannot be broken on a day when the POG is up close to $4, then the rally is over for the short term. I'll call it a Bear Rally then. The trading session is still young and I have come to no conclusion yet. PDG will tell me the short term direction for Gold.