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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (110850)6/29/2001 7:37:57 PM
From: Crimson Ghost  Read Replies (1) of 436258
 
Heinz:

Gold and gold stocks look like they will go somewhat lower near-term. But I agree we are in the early stages of a new bull market. Gold guru Leonard Kaplan who has been bearish for years now counts himself among the bulls. Looks for $300-$310 by year-end.

BTW today's stock market action was pathetic considering it was the last day of the quarter and the funds had every incentive to paint the tape a really bright green. I wonder if the much anticipated July rally is over or almost over. Very low VIX and VXN readings inply a big drop after this bounce peters out IMHO.
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