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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (20227)	10/1/1998 11:36:00 AM
From: waldo	Read Replies (1) \| Respond to of 116764

Richard, I see that October indeed is going to need more tricks than treats! (who said that?) ...looks like a golden opportunity for those flexible enough to see the signs. I would rather be a reed in a pond that bends with the unpredictable wind changes, rather than the firm oak tree that snaps in a hundred different pieces. Gold is impervious to entropy...hundreds of billions of dollars will be lost this week. They say the past does not equal the future... (except for October meltdowns ;>) . I cant wait to hear all of the complaining about how the hedge funds should have divulged their holdings, so we could have been forewarned. We may just get a glimpse of some short covering as early as next week....or is that what is happening this week? BTW, remember I did some Yahoo puts on Tues? I see it is trading down$ 9.00 as I write this. Funny how people will buy a stock trading 50 times next years revenue. And they laugh at us gold bugs! W

To: long-gone who wrote (20227)	10/1/1998 11:39:00 AM
From: Keith Monahan	Read Replies (6) \| Respond to of 116764

You are joking about HM right? Take a look at a long-term chart of HM. Lets say you bought a position in 1992 and sold it today. Guess how much you made? Thats right, zero. Any technicians out there have an opinion on the price action the last few days? It looks like the stochastics on many gold stock charts have not confirmed the recent highs. Plus there are downside gaps to fill on many charts. I may not be short yet, but I would certainly not be a buyer here (IMO).