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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: fedhead who wrote (40426)11/22/2000 5:53:56 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
i take this as yet another sign that the bull market is well and truly over. actually the timing is somewhat odd...one would have expected this to have happened in Q1.

the gold stocks have possibly completed their bear market, although one can't be entirely sure. we'll see how they handle the many resistance levels that await. so far we have merely seen a selling exhaustion there. however, even if they only embark on yet another bear market rally, they could make quite a move. i'm personally thinking that the gold stocks are now where the Dow was in 1932. HM recently hit a 40 (!!!) year low. you can buy stocks at 40 year lows only once in a life-time.
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