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

To: NOW who wrote (14525)	8/11/2008 1:18:28 PM
From: ItsAllCyclical	Respond to of 29622

(edit) There's no way the gold bull is dead, but if gold goes to the low 700's or lower it'll feel that way to most. Again no targets just using it as an example. I think a good low in the HUI ST will probably come this week, but not sure how long it'll last or from what level it'll start (I have some targets though). I think lots of gold bugs forget what cheap stocks really look like. Take a look at big cap energy stocks. Now gold stocks should and will get a premium for various reasons, but buying based on perceived FA can really get you into trouble.