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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.68

+5.0%

Nov 10 4:00 PM EST

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To: Rarebird who wrote (59553)	10/9/2000 1:22:06 PM
From: Oblomov	Read Replies (1) of 116753

PS Are you buying here? Yes, I bought some RSAS on Friday, and some CMTN this morning. In addition, I covered my last remaining short today. I am not convinced that we have entered a secular bear market, but a cyclical bear market is a possibility due to a slowing economy and the high household debt level, both of which you mentioned in a previous post. I do believe that stocks such as RSAS and CMTN will perform well over the next several months. This being the GPM thread, I do not think that the immediate outlook for gold is especially bright. However, I have recently begun buying small amounts of physical gold for general diversification purposes. Gold will have its day.

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