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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: bobby beara who wrote (39666)	2/11/2000 8:26:00 PM
From: Rarebird	Read Replies (3) of 99985

<Kind of like 1982 in the equities.> The hopelessness, tears, heartache and despair of investors in gold mining stocks today is no different than what equity investors went through in the spring of 1982. Beara, these gold mining stocks are so dead and investors in them are so maniacally depressed in spite of such great improving fundamentals ( Sorry I used a word that is meaningless) that a Bull Market cannot be far off. I for one have given up all hope here. It has been one disappointment after another. But I'm still holding a half position in Gold and will buy like there is no tomorrow right before the last BOE auction in March. These stocks will double in the first couple of weeks of a Bull Market. Who said that the light comes from the greatest darkness?

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