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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: long-gone who wrote (62620)	1/10/2001 4:31:38 PM
From: Richard Mazzarella	Read Replies (2) of 116764

long, IMO even though gold is currently getting the snot knocked out of it, the XAU is being supported by those that sense the bottom (buying gold stocks). I think we could still see gold between $200-240 before the move up occurs, we need a final capitulation. I know most gold bulls feel like they have capitulated for 20 years already, but we need a final crash to set the beginning of a new bull market in gold. I don't know if this will happen, but it sounds good, doesn't it? <VBG>

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