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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: J. Nelson who wrote (67459)2/25/2001 11:07:06 PM
From: FritzV  Read Replies (2) | Respond to of 122087
 
Jim,
Yu better be real careful shorting gold.
The price is already pretty low, and one of these days there just might be enough pressure by the Gold Bugs to take it up a notch or two..
Yu can't put gold in the same catagory as POS/overpriced stocks that we short.
Fritz



To: J. Nelson who wrote (67459)2/26/2001 12:19:25 PM
From: Bid Buster  Respond to of 122087
 
you have it backwards...higher lease rates reduce the incentive for forward sales just as higher interest rates reduce the incentive to borrow money....gold fields has closed out their hedge book...if the mine companys are ending forward sales i sure wouldn't bet against them with a short position.



To: J. Nelson who wrote (67459)2/26/2001 10:44:31 PM
From: Stockdoctor  Read Replies (1) | Respond to of 122087
 
Mr. Nelson...short anything you see in sight EXCEPT GOLD equities...Gold is going to make a run this year and beyond...with an uncertain market...the best place to be is gold and thats where invesotrs normally turn to...just look at the trading...nobody wants to touch technology and BIG money is buying gold equities...Gold might be coming out of its own bear market and is going to sting lot of big boys.

Just look at today...the markets rallied on INTEREST rate cut speculation but gold also rallied 5 points...gotta tell you something about big money intention...they are taking gold seriously and think the rest of the market is fluff for the moment..if anything go LONG gold and you would be rewarded.....happy trading!!!