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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

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To: Gersh Avery who wrote (70724)	5/30/2001 11:12:39 AM
From: Ken Benes	Read Replies (3) of 116763

The only reason the stocks remain at the current levels, the gold investor is not over the manic component of the market. When the evidence is irrefuteable and the despair part of the cycle sets in, the stocks will come down as investors bail out. The one thing that is certain, with the Joe Palooka nature of the gold market, the gold investor will be back as a new manic phase begins to take hold. Remember, the Joe Palooka doll always pops back up from its own inner momentum. Ken

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