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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: LLCF who wrote (55444)6/29/2000 9:06:00 AM
From: Crimson Ghost  Read Replies (3) of 116759
 
In the old days of rational markets Joe Granville had a saying -- "if its obvious to the public its obviously wrong."

Now that is not the way the world works nowadays. Things that EVERYBODY know about -- such as the tendancy of markets to ramp during the last few days of a quarter -- have continued to work for quite a while.

This is just another sign of the mania IMHO. And with the mania on its last legs, it will not be long before the things everybody "knows" will no longer work.
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