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 : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Bruce A. Brotnov who wrote (8358)6/19/2002 1:17:32 PM
From: Dave Gore  Respond to of 16631
 
SOX (potential alert) - Index just jumped up a couple points off 425 on CNBC focus on B2B. We'll see if the SOX can rally a bit toward the close.



To: Bruce A. Brotnov who wrote (8358)6/19/2002 3:11:38 PM
From: Dave Gore  Respond to of 16631
 
ANALYST BLUNDER #1,012: With OAKT down 53% today, Needham finally cuts to BUY.

Of course, you realize this means they had a STRONG BUY until a little while ago.



To: Bruce A. Brotnov who wrote (8358)6/19/2002 10:21:48 PM
From: The Vet  Respond to of 16631
 
Bruce and all... The XAU is a rather poor indicator of performance of gold stocks as it is overweighted with hedgers like NEM, ABX, AU, PDG and also FCX which produces gold only as a by product. (It does include HGMCY though lowly weighted. The HUI is probably a better indicator for unhedged gold stocks.

For your information - the XAU composition
Newmont Mining Corporation NEM 26%
Barrick Gold Corp. ABX 26%
Anglogold Ltd. AU 16%
Placer Dome, Inc. PDG 10%
Freeport McMoran Copper Gold FCX 6%
Harmony Gold Mining Co. Ltd. HGMCY 5%
Goldcorp, Inc. GG 4%
Meridian Gold, Inc MDG 3%
Agnico Eagle Mines Ltd. AEM 2%
Apex Silver Mines Limited SIL 1%