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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (959)	12/9/2003 4:24:10 PM
From: AugustWest	Respond to of 29622

Hm, Well, I'm not really going to try to support his track record. I mean heck the guy's been bearish on gold through this whole run as well. To that end, he still isn't bullish on it but believes investors would probably lose less money invested in PM stocks rather than "new" or old economy stocks. One note of interest is that last week the comp hit 2K and did a nasty about face. Today the DJ hits 10K and does the same thing. Albeit not is the same dramatic fashion as the comp. But we're still in early innings. I'd like to see a DCB through the end of the week for both. As far as the HUI, I think we could get a bounce there too but 220 is most likely in the cards before we make new highs there.