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


To: gmccon who wrote (24796)12/22/1998 2:20:00 PM
From: Giraffe  Read Replies (1) | Respond to of 117012
 
yesterday's message from buysignals.com. So far it doesn't look like such a good call. :)

Monday, December 21, 1998
Buy Gold!

Concern over the latest Iraqi war and impeachment have dissipated with the passing of the weekend. With today's insane buying of internet and tech stocks, tomorrow is setting up as a "Turn-Around Tuesday" for stocks.

The downward acceleration in gold stocks has slowed with price finding support at XAU 63.5, a key support level from which an explosive rally took place in September. A prolonged up move in these stocks is not expected; however, technical measures say a rally should occur tomorrow following today's bounce off intra-day lows at 63.2.




To: gmccon who wrote (24796)12/22/1998 2:57:00 PM
From: long-gone  Respond to of 117012
 
I don't know. No one knows what to do. for 3 years the "experts" have said to go with small caps...