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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.59+2.2%Dec 26 4:00 PM EST

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To: Rarebird who wrote (39727)8/28/1999 4:11:00 PM
From: Crimson Ghost  Read Replies (1) of 116826
 
rarebird:

Drakuvitch is right on target with that "worst rally of the century" piece. Another excellent technical analyst who is extremely bearish now is Don Hays of Wheat Securities. As bullish as anybody through 1998; now ultra bearish.

The lengths to which the bubblemeisters in the financial press are going to keep people from bailing out astonishes me.

The FINANCIAL TIMES ran an article today on Greenspan's speech entitled -- "US Profits are Understated Says Fed Chief" They choose not to headline any of Greenspan's cautionary remarks, but focused instead on the one portion of his speech that could be construed as positive for equities.
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