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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: baystock who wrote (10836)	4/18/2002 12:38:10 PM
From: baystock	Respond to of 36161

Gold believers look for dollar drop Gains for mining stocks are leading metal's price <Johnson, whose favorite mining stocks are Newmont and Freeport McMoRan Copper & Gold (FCX: news, chart, profile), sees disgusted Nasdaq investors at the root of further gold gains. "During the bull stock market in the late 90's there were a number of short breaks above 70," he said Thursday from Cincinnati. "Now with strong fundamentals and technicals, the XAU looks as though it will break 70 and likely have it turn into support. The stock market continues to unwind and investors are rethinking their positions in many of the stocks that continue to be overbought in the current weak market."> marketwatch.com