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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.04-1.4%Nov 17 4:00 PM EST

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To: Rarebird who wrote (51478)4/14/2000 4:03:00 PM
From: Richard Mazzarella  Read Replies (1) of 116762
 
Rarebird, <<Bull Market is over>> I don't agree, we are just seeing a consolidation. These babies have been so conditioned to buy the dips, they'll keep coming back. As long as people keep pumping their 401k into the market as the path to riches, it will continue for some time. Now a crash that stays at 1/3 the high, that may change some thinking. Remember this herd has never experienced a really bad market. I know this doesn't fit the desire of gold bulls, but that's how I see it. I have been buying the Nasdaq. Having said that, I'm buying some metals just in case I'm wrong. <VBG>
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