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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.59

+2.2%

Dec 26 4:00 PM EST

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To: Bucky Katt who wrote (2896)	11/6/1997 6:54:00 PM
From: goldsnow	Read Replies (1) of 116827

Oh! I agree 100% no need to stay on a beech starring at Hurricaine approach. That is again a very bullsh event not unlike high-tech/semiconductors clean-out. Remember any gold sold on downslide now is also bought. Upside would be no different than AMAT rise from 22 to 108 (much higher though) You need maximum pessimism on top of suply/demand issues. The trick is to figure-out a bottom. I submit we cannot do it. I am happy with level of pessimism though, suply/demand forces are already in full steam

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