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To: Jim McMannis who wrote (34511)	5/25/1999 8:03:00 PM
From: Ironyman	Respond to of 116779

Jim,,, Actually the DOW and techs needed to pull back so that it could be run up on the first of the month. ----Milking the masses!--- This is only a guess, but I tend to think that the POG will change direction after NEM hits 14 and forms a very distinct 'W' pattern. Of course there won't be any Juniors left. Regards, Eric

To: Jim McMannis who wrote (34511)	5/25/1999 8:55:00 PM
From: Ahda	Respond to of 116779

JIm JIm JIm oh do i agree with you Thank you Thank you Thank you

To: Jim McMannis who wrote (34511)	5/25/1999 11:30:00 PM
From: teevee	Read Replies (2) \| Respond to of 116779

Jim, The market cap of Coca Cola is bigger than all the gold stocks in the world, large and small combined......gold and gold stocks have long ago become an investment ghetto for people with a tendency towards harboring conspiracy theories:-))Thankfully, central bank gold sales are now being utilized for foreign aide programs....building schools and hospitals and drilling potable water wells etc. in third world countries....gold bugs may yet make the world a better place:-)) regards, teevee

To: Jim McMannis who wrote (34511)	5/26/1999 6:53:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116779

<<The idea that gold stocks are some kind of hedge against a market collapse is a fallacy. I would expect gold stocks to do better than internet stocks since they are already oversold. I think there is a good possibility we will look back in a few days and the DOW will be a thousand off its high.>> Yes, I agree, CNBC was saying something about margin calls yesterday as I left the house. Futures (broad market) are much higher as I write, but many report thinly traded. I looked back, and looks like 3/4 of history when market had a problem gold stocks did also, though the metal fell only 1/2 the time.