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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: The Perfect Hedge who wrote (20248)4/24/1998 11:41:00 AM
From: 007   of 95453
 
I agree, we are due for a correction down to 8500, but concluding that this is a bear market seems premature. It's most probable that the market will continue to move upward through the summer, unless of course, the fundamentals of low inflation and low interest rates change. That could happen at anytime, but we could also receive news that the economy is slowing a little.
As for now, this is just another healthy bull market correction.
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