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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: K.J.Y. who wrote (17361)3/11/1998 4:19:00 AM
From: George Mc Geary  Respond to of 50167
 
<A general question to all, since gold tends to move opposite of the market/economy in general, do gold stocks do the same? IE, would gold stocks drop in a rising market and rise in a dropping market?>

Generally speaking yes, gold stocks follow the price of gold.

<...since gold tends to move opposite of the market/economy in general...>

I would like caution you on exceptions. The market tanked in October right? So did gold! Please check out the CBOE GOLD INDEX (GOX ) chart (URL listed below). Hope this will help some.

iqc.com



To: K.J.Y. who wrote (17361)3/11/1998 8:50:00 PM
From: Ron Peterson  Respond to of 50167
 
I think this is the end of such a speedy runup for now. Did you
get in? I hope so, and that it was when I first mentioned it. I
have a real strong feeling this one will see 4 by months end dont
take less than 3 1/4. If you are into these little tips Ive been
told that INNO should be about 50% higher by months end it is only
at 1/2 now so watch or gamble. Ive gambled at 17/32. Good luck!

Sincerely,

Ronnie Ray


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