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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Rarebird who wrote (38083)	7/31/1999 7:35:00 AM
From: Bobby Yellin	Read Replies (2) of 116756

ran into my professional market timer neighbor this morning..he thinks also the bear has started..he said mutual fund cash flow has slowed down..people are spending more and investing less now.. he said that ipos and individual investing are taking away mutual funds money..he said mutual funds buy in anticipation of cash inflow.. so he thinks that might create more selling since they are getting the funds.. thought you would also like that he too sees possible recession in a year or so but he professes he is no economist

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