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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.28

-0.9%

Dec 1 4:00 PM EST

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To: Gary H who wrote (90652)	10/17/2002 6:00:30 PM
From: Jamey	of 116790

As stocks rally, Dow 4,000 is imminent Elliott Wave's Prechter, Hochberg see impending drop. SAN FRANCISCO (CBS.MW) -- The U.S. stock market's dramatic October rally is about to dupe the majority of investors, say the folks who forecast the market decline in January 2000. If Robert R. Prechter Jr.'s Elliott Wave International forecasts are correct, as I am confident they will be, the current rebound in stock indexes will go down in history as comic relief on a battered fiscal stage. Steve Hochberg, chief market analyst at research firm Elliott Wave, says the stock market, as measured by the Standard & Poor's 500 Index (SPX), likely will rise another 5 percent before beginning a horrific drop. Santi

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