SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (29179)2/4/2002 12:38:43 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
They sure have become like Net stocks lately, huh?

Still, how much is a stock like HGMCY worth, with $1 or more of earnings coming this year?

POG seems to lag the miners, or, rather, the miners seem to lead the POG. Final BOE auction is coming up next month, I think. I'm not sure a higher POG is necessary to sustain current valuations, however; it just needs to plateau. The miners have plenty of leverage here. Where do you have POG resistance?

Given how much Greenie has pumped, I wouldn't rule out gold and gold stocks going up along with the broader market, should the market continue up. A lot of buying going on in Japan too, which should be the case at least through the end of March - if not more so after that, once they cap deposit insurance.

Heck, I nailed the bottom in November, so I'll take the high fives. -g- 85 HUI is pretty substantial resistance, so I'm on alert here. The last correction was a sharp one, so this should be a flat one if this run is to continue.