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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Rarebird who wrote (74044)	7/27/2001 1:36:39 PM
From: jrinvestor	Read Replies (1) of 116756

Rarebird, You have been right the past month or so on your take on the markets and the GOLD Sector. I agree with you most of the time, However, I get the feeling that you have not bought into the the market crash predictions. I follow many sectors and trade as much as I go long. I don't see any reason to buy stocks at this time. I will not trade the Markets in August and will be about 50% in cash until I see some sort of a temporary Bottom. When we take this first plunge down all stocks are coming down in my opinion. I am watching the oil sector for an entry after labor day. Who would want to take a position in this market when you get a $50 billion loss by JDSU and to top that off The only area that LU is showing profits is in optics and that is JDSU's area. Go Figure, JR

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