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

To: BushPilot who wrote (371)5/5/1999 9:41:00 PM
From: Wade  Respond to of 48092
 
Bush,
GLG is doing very well today. Cheer up.

I suffered a lot of loses on junior gold stocks in the last two years. I made some back by trading some of these gold stocks. However, I managed to get most of it back plus some from other stock investing. It was a hard lesson. I learned to use stop loss on most of of my NYSE traded stocks so that I do not make foolish decisions to get into big trouble again.<grin>

POG still has a long way to go. What we are seeing is only a small blimp in a long term chart because of we were in the slump for too long. This long stretch shook out most of the gold bugs and short term traders. This is the best timing to buy again before new comers try to rush in. XAU has to fight really hard to get through 100 before really big money come in. I am very patiently watching and buying more of the best gold stocks. Good luck.

Sincerely,
Wade



To: BushPilot who wrote (371)5/5/1999 10:13:00 PM
From: Smaven  Read Replies (1) | Respond to of 48092
 
KEEP THE FAITH BUSH!!

All we need now is a little fear in the equity markets and there is nowhere else to go. It's been a long dry spell since we have had any inflationary fears out there, and It's just about due now. Look at the voln. pick upon HM and PDG. The only problem is a story that has been floating around that the IMF (Worldbank) might have to sell gold to make payments.


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