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Gold/Mining/Energy : Gold Price Monitor
GDXJ 127.15+0.4%Jan 15 4:00 PM EST
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To: Lucretius who wrote (40944)9/27/1999 12:48:00 AM
From: Claude Cormier  Read Replies (2) of 116857
 
<<yes many months before the 1987 crash and after (goldshares collapsed severalmonths before the crash after having blowoffs), but this is not 1987. >>

One must remember that in the 20 months before the 1987 crash, the gold stocks had been in a bull market. Barrick went up 900% in that period. SO the 50% correction during the crash was well overdue.
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