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Gold/Mining/Energy : Gold Price Monitor
GDXJ 124.11-13.6%Jan 30 4:00 PM EST

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To: Rarebird who wrote (61529)11/30/2000 11:32:47 AM
From: Zardoz  Read Replies (4) of 116944
 
How long do you expect this Bear to last?

Excuse me; are you CALLING this a bear market?
I see no evidence of a bear... I smell no bear. I've been to the bushes in the past hunting for bear, but have yet to see one around this neighborhood. Where is the bear? Show me how the bear is making a bolt from the cave. In plain English:
The Dow would have to be collapsing as fast as the NASDAQ. But the NASDAQ is reflecting slower forward earnings potential. And as Such SHOULD sell off. But that does not make the Markets into a bear. Unsubstantial forward earning in an increasing rate markets means that you will deflate to the norm. And for there to be a bear, even just in the NAS, you'd need at least an 1800 Nas IXIC. What about the BKX index, far from a bear?

Nope, no bear yet. But...

Hutch
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