Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: TLindt who wrote (8609)	10/30/1997 1:55:00 PM
From: Brad Bolen	Read Replies (1) of 94695

Gold doesn't look that bad to me. In spite of the Switzerland story the gold stocks really didn't trade huge volume. Relative to the market there isn't that much of a float of gold stock out there. So any attention at all with get them going. I have been saying for a year that it will be earnings that makes this puppy (stocks) roll over. That's the problem with bonds now...they are dropping interest rates saying "the economy is slowing down" yet stocks are still dropping on earnings concerns." I just don't see how we can be immune from so many other countries going south. B.

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