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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.33+5.2%Nov 26 4:00 PM EST
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To: Ahda who wrote (46687)1/5/2000 5:45:00 PM
From: Rarebird  Read Replies (3) of 116770
 
How many people do you know who think 10 years out any more? This Stock market has become Hit and Run. What have you done for me lately?

Fundamentals are dead in the new era. Just point and click, take a glance at the technicals and pile on momentum style.

Take the money and run.

Sure the fundamentals always win out eventually. But why sit around and wait for the fundamentals to reassert themselves when you can play the phony game and make a mint?

When the party officially ends in the Nasdaq High Fliers sometime this year, they'll make a party in another sector. You think they really care which sectors they pick or which asset class they choose as long as they make money?

Waiting for Value to come to the forefront with this Teflon President, this Administration and all the New Era folks who are pointing and clicking, is like Waiting for Godot . Good Luck.

When the Endgame comes to this great Bull Market, when we reach checkmate with higher rates, no growth, a faltering dollar and the whole process reverses on itself, they'll come back to the gold stocks and play with them like they played with Yahoo.

It's all one big game or farce. There is a reason for everything, as Leibnitz, would say. Morality left the realm of reason after they killed Socrates.
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