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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.60

+2.2%

Dec 26 4:00 PM EST

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To: T-Lo Greens who wrote (94565)	4/17/2003 5:34:24 PM
From: SGJ	Read Replies (1) of 116833

<<<The U.S. economy should start to rebound in the 2nd half>> I wanted to wait until my luncheon meeting today with execs from a huge company that should know better than anyone, yet will remain nameless here, to address this little pearl you are in my opinion resting on complacently, like its factual or something. This luncheon discourse, along with all the other factual and anecdotal evidence that I can muster from my F500 financial company bunker, unfortunately, indicates your drilling for a 2nd half turnaround is going to come up a dry hole. In other words Tony, I strongly believe a second half recovery is not going to happen....again. Anyone looking for a second half recovery is not someone who would actually knowingly be involved in it. The best we can expect from the US economy for the rest of the year is more of the same. So how would that possibility alter your view? TIA

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