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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.70

-0.3%

Dec 5 4:00 PM EST

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To: Bobby Yellin who wrote (37830)	7/26/1999 7:20:00 PM
From: Rarebird	Read Replies (2) of 116796

I think this Market has a lot further to fall, much further than most people think. No crash, just a Salami decline, a very slow drawn out Chinese water torture for the dipsters and Polyanna bulls. How low? I think we break below last falls low of Dow 7400. 6750 perhaps later this year. The game and party is over, this Bull is Dead. I expect gold and the XAU to start rallying tommorrow. The gov't is supposedly running a surplus ( LOL) primarily from capitol gains. That surplus is as changeable as the Weather. I don't know a resource off hand. Will look though. Investors and traders will learn what risk is over the next 6-9 months.

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