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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?


To: PawPr who wrote (210)11/30/1997 10:28:00 PM
From: TLindt  Read Replies (2) | Respond to of 3558
 
I agree.....I love out of favor...this is textbook.

I'm looking for low cost producers and ones that are off over 80% from highs.



To: PawPr who wrote (210)11/30/1997 10:33:00 PM
From: Zardoz  Read Replies (1) | Respond to of 3558
 
In which case the stock options would move better.

But never go against the herd, always run in front. If the herd changes direction you may get left alone; but if you run against it you could get ran over. I heard on a TV show where BARRICK could go to $14 CDN. This doesn't mean that you can't make big cash on the volatility from now to than. After all commodity prices are down because of the US currency appreciation... and that can change. Remeber in 1987 when everyone was complaining about the Japanese buying up the world. Now that currency is worth-less!