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To: waverider who wrote (4687)	10/27/1998 9:03:00 AM
From: Lucretius	Read Replies (2) \| Respond to of 14427

Dia... NEM and other golds' charts look like the inverse of the DOW (both making corrective bounces before a large move) Unless you think the DOW is going to new highs, gold stocks are headed higher and have NOT broken down. In fact, turn AFS upside down and compare it to NEM.... look familiar? Johanessburg Gold index rose last night... golds could make the turn today. Perfectly perverse that you sacrificed your NEM yesterday at the bottom... but you still have your others. Thanks for throwing the maiden in the volcano for us (G) -Luc

To: waverider who wrote (4687)	10/27/1998 10:00:00 AM
From: Dennis J.	Read Replies (1) \| Respond to of 14427

I like ABX over NEM. ABX has a strong hedging program, and reportedly has hedged gold sales going forward at $400 per oz. Not sure how you do that, but if so, they will have good earnings going forward. The gold stock buy signals in my last note are all contrary. Good luck. Dennis