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

To: Keith Monahan who wrote (20237)	10/1/1998 11:49:00 AM
From: Enigma	Respond to of 116764

KM re HM - just how much better do you want this chart to get - logic of your statement about buying in 1992 is rather baffling - we're not talking about 1992 - you might as well say 'how much would I have made of I'd bought in Jan, 1998?' If you'd bought the Dow in 1992 - i'd say you'd have done pretty well - even now - but using your logic you'd never have stopped buying it!!E

To: Keith Monahan who wrote (20237)	10/1/1998 11:59:00 AM
From: Enigma	Read Replies (1) \| Respond to of 116764

HM (con't) where are the gaps you talk about - gapped open today of course - but looking back where are the others that are unfilled? E

To: Keith Monahan who wrote (20237)	10/1/1998 12:01:00 PM
From: cAPSLOCK	Read Replies (4) \| Respond to of 116764

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). Well if you are looking solely at gold stock charts, then yes, your points are valid. But I must take into consideration the values of the dollar, bonds, the US stock market, and world markets. These factors give me the impression that this is a special situation. Some things like the US dollar are only now getting a little testy, but other issues like Asia, and now even the US markets are continuing in a trend. This trend will affect the POG, and if that rises you will see companies like HM, ABX, and NEM among others (I own the last two) jump from negative cashflow to positive earnings rather quickly. The most difficult thing for me to have learned about investing in general (especially in 24 hour hard commodities) is you HAVE to see the forest before you can ever judge a single tree. I moved my treehouse to metals this summer, and it's been a nice stay. The moment I see a better tree I will move again. But right now, all things considered, I am staying here. (I think we have only just begun (STOP SINGING!)) As a matter of fact, I might just build a rec room on this treehouse... Sorry for all the silly imagery, cAPS

To: Keith Monahan who wrote (20237)	10/1/1998 12:44:00 PM
From: long-gone	Respond to of 116764

Keith, what you have failed to mention was the dividends. Should you also look into the possibility of those who were wise enough to "buy low & sell high"?

To: Keith Monahan who wrote (20237)	10/1/1998 1:01:00 PM
From: long-gone	Respond to of 116764

And moreover sir, if you are to suggest that one should indeed look at the long term chart for anything you might be well informed to first assure that you know the whole history yourself! I, sir, I studied (in depth) the history of said HM dating back to IPO! While you are correct that one could have bought it in 1992, and sold it today, at 0 profit(excepting dividends), one would be advised to understand that in all stock issues change in price within a given year, and within a far greater margin over a longer period of time. It is the wise person who knows when to be a bear & when to be a bull. rh