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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: TATRADER who wrote (53876)	6/7/2000 8:24:00 AM
From: goldsnow	Read Replies (1) of 116782

The dollar dropped to seven-week lows against the euro, the yen and the Swiss franc for the second day on Wednesday, hit by weak prospects seen among currency analysts for aggressive rate rises in the United States relative to Europe and Japan. ``On the surface, things look a little scary,'' said Stephen Shobin, technical analyst at Lehman Brothers. ``Speculative stocks, such as biotechs, are red hot, the dollar is under pressure, financial stocks are pulling back, put/call ratios are terrible and the Nasdaq 100 was unable to take out a key resistance area.'' biz.yahoo.com

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