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

To: Crimson Ghost who wrote (61820)	12/7/2000 4:58:05 PM
From: Tom Byron	Read Replies (1) \| Respond to of 116756

WARNING: THIS IS A NON-GOLD POST.....:)) after-hours news on intel warning after the bell. www2.marketwatch.com{2AECEDA6-CD65-4052-A43C-5D2985EC9EB2}

To: Crimson Ghost who wrote (61820)	12/7/2000 5:24:56 PM
From: re3	Respond to of 116756

keep a count for us George...

To: Crimson Ghost who wrote (61820)	12/8/2000 12:18:50 PM
From: Rarebird	Read Replies (1) \| Respond to of 116756

The bottom line is that the economic and interest rate environment has turned bullish for gold. I find guys like Auger(Elliot Wave Guy), Kaplan and GATA to be jokes in their analysis of the Gold Market. A close above 50 on the XAU today is wildly bullish. I've been trading the gold stocks for nice profits over the past couple of weeks. But the risk here is not being long these stocks. So, I'm going to hold and buy all the dips here. If a stock like INTC can give a revenue warning and rise on the news, the tech stocks have bottomed out short term. That is not to say that another leg down won't materialize in the late Winter/early Spring 2001 time frame. Expect a retest of COMP 2500-2600 at the very least. I know there is a tremendous amount of division and hostility between many hard asset guys and high techies; but I'm betting that both these markets will move up together from these levels over the short term. That's my bet as we move into some monetary easing in 2001.