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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC) -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (204)	5/24/1999 3:15:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 587

When i trade, I have learned by past mistakes, to focus on just a few issues. I like gold, the theory of it(anti NWO stance for me , but that is another discussion) is very appealing. I have read too many theories of why this co. or that co. is a "great" gold co. I came to the conclusion that NEM is the best, IMO. Not so humble opinion, as my wife says daily. i don't have enough $ to buy stock long and just hold. I am working my way there with the leaps. Leaps are a great proxy for NEM stock, IMO(again!). Today is a good day since 272 seems to be really holding on the AU floor. i suppose it could crack, but everyday it doesn't, i am more encouraged by its strength. I remember your thoughts on COMEX traders and AU price. However, in this case, results count more(to me) that reality of cause and effect. Commercials are getting way long and didn't cash out this time around on the big drop. Shorts are excessive again, even at this depressed price. Something has to give. Those shorts will have to cover sometime in the next 2 months. XAU should get at least a mild boost.....say NEM 23-24.