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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (1138)	12/8/2003 11:29:19 PM
From: Wade	Respond to of 48092

I just read the article from Ed Bugos. gold-eagle.com He and Sinclair are arguing about their views of gold stock direction if stock market crashes like it during 87 crash. jsmineset.com I found that both of them were trying to predict the gold shares' falling and rising purely on a chart without comparing the underlying market factors. 1987 and 2003 are two very different markets. Therefore, I don't believe the golds have to move at the same direction at crash. I don't mean the gold stocks will rally at crash either. The direction of the golds depended on what triggers the crash. We won't know that until we are closer to that point...or even after that point<G>. TA is study probability not absoluteness. I learned nothing from their arguments. Both of them were wrong, imho. They made fools of themselves by poking each other without much substances to offer, imho. It would be very helpful if both of them spend a little bit more time to analyze the differences of the major factors behind these two stock markets before jumping onto any conclusions. Good luck to all...no one can tell you what to do. I suggested you to watch POG/SPX and XAU/SPX charts for this reason. Wade