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


To: john rieck who wrote (72706)7/2/2001 3:02:31 AM
From: Nikole Wollerstein  Read Replies (1) | Respond to of 116811
 
Take your loss on part of the NEM so that your total Gold-minning holding, excluding small companies if any, would be below 10% of your porfolio.
Do not jump on tech, this rally will not last long, and you will be able to get in at better prices in Sept-Oct.
Analists:http://www.siliconinvestor.com/readmsg.aspx?msgid=16015904



To: john rieck who wrote (72706)7/2/2001 9:00:28 AM
From: Square_Dealings  Respond to of 116811
 
john

I think today will be pivot day. XAU and major gold stocks are hanging on the 200 dma. If we can hold in here then I think the next move will be up big. A close down today would not be good though. Give it to the end of the day to make decision is my call.

good luck
M.



To: john rieck who wrote (72706)7/2/2001 1:05:16 PM
From: craig crawford  Respond to of 116811
 
whoa. i think it is possible for gold to see $200/oz, but if your only other alternative is investing in tech i say stick with gold.

gold is not even the best metal to invest in if you ask me.



To: john rieck who wrote (72706)7/2/2001 5:10:27 PM
From: lorne  Respond to of 116811
 
Hello John. Came across this bit on Newmont. I know nothing
about Newmont,just remembered your post.
Scroll to last paragraph.
Newmont put option
I'm taking the side of the shorts on this one. It's too expensive for my liking, and a shocking reversal in money flow tells me that someone knows something I don't. I'm betting that Newmont will breach its 200-day MA and not get back above $18 by August. I've been wrong on these options before, but it's for a good cause.
mips1.net