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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

4:00 PM EST

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To: Rarebird who wrote (43659)	10/24/1999 10:30:00 AM
From: Lucretius	Read Replies (2) of 116762

i do not disagree that the bear is going to last a while, but the indexes still have to crash and catch up w/ the rest of the mkt which is sitting on 1994 and 1996 valuations. at some point they will. The fed cannot stop it. if they try, bonds will selloff that much faster. the bond mkt will not rally till stocks are destroyed.

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