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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.34+5.2%Nov 26 4:00 PM EST
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To: Canuck Dave who wrote (66734)3/29/2001 10:59:55 PM
From: Davy Crockett  Read Replies (1) of 116768
 
If the DOW crashes through 9000 & below (what's the target... 7500 - 8000???) what will that do for the U.S. dollar? I'm sure the monster hedge funds have that already figured out, but what will J6P do? After all, they were told by the analyst & brokers that the Dow components was THE place to hide during the tech wreck.

Will J6P rotate back into the NAZ, OR will they pull their money out completely & stuff it under a mattress or in bonds? or might they rotate into PM's (assuming that energy has had its day in the Sun)

Regards,
Peter
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