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To: Patrick Slevin who wrote (9783)11/24/1997 4:14:00 PM
From: Trader X  Respond to of 17305
 
the european dump is already priced into gold. <e>

been keeping a close eye on this situation, and the bottom MAY be in with prices holding at $300...for now. No buy signal as yet, but if sentiment changes at all, gold stocks will be heading to another 100% year like 2 years ago.

If there is ANY downtrodden sector that's totally oversold, it's the gold stocks.