Lets see on this one, Gold is a dead horse, can't beat it no more.
I really hope this does not happen, I see the pain in the 401Ks now.
People are losing faster than they put in.
XXXXXXXXXXXXXXXXXXXXXXX
THE INTERNATIONAL FORECASTER 30 June 01 - Issue #4 at
The Toulouse-Lautrec Table.
"A very important event took place on 6/28/01. The
FTSE, the Financial Times 100 Index, fell below 20%
from its high of 7,035 to 5,556 having broken the
20% decline barrier at 5,628 for the second time.
The FTSE had a previous low of 5,315. We believe
5,315 will be broken. Support in 1994-96 was 3,800
to 3,900, which we believe will be achieved. Since
March 1994 the Index is up 1,826 points. We have
been doing statistical research on comparative
markets for over 40 years and the British market
has always led the US markets in both directions.
We now believe the Dow will break the 9,400 level
again and pierce the interday low of 9,107 shortly.
We do not believe comparative performance will
change. The Dow's next stop will be 6,450 to 6,650
with stop offs at 8,000 and 7,000 to 7,200. We told
you during the first week of April 2000 this would
happen and it will happen."
No mamby pamby with Mr. Bob. He tells it like he sees
it and he sees it awfully well!
Info by GATA |
