Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: John Rowton who wrote (328)	1/25/1999 10:45:00 PM
From: Wade	Read Replies (1) \| Respond to of 48092

John, HM shows the best "time segmented volume" (TSV) at this point. This means HM is under positive accumulation than the rest of group. This is interesting to watch. I agree with you that this could be the time to nibble at this low price. But, I am very cautiously watching the strength of US dollar as well, because it showed some good support lately. That is not good news for gold. We are at a critical point. The plus side is that the down side risk of gold is very limited. The worst case for the senior gold stocks is down 20% in a short term. I do not think we will lost money if we hold it for a long haul. It is time to "nibble", not swallow. Good luck. Sincerely, Wade