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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Bogeey who wrote (3254)10/9/1998 6:26:00 PM
From: epicure  Respond to of 7247
 
For the contest next week put me down for AXP please.



To: Bogeey who wrote (3254)10/9/1998 8:28:00 PM
From: jan m.  Respond to of 7247
 
Bogeey---The time to get into undervalued stocks, is before the sector really takes off. I thought gsr held up fine today. Some of the other gold stocks were down quite a bit---they usually run opposite of the general market. My belief is, the world markets are sick, a rate cut will help temporarily, but not solve the underlying problems, and we will continue to see a flight to safety. Just my opinion---could be totally wrong. I like gsr's holdings, balance sheet, no debt. This company should do well on any upward price movement in gold--- I'm holding on tight to my shares. Jan