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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Crimson Ghost who wrote (6721)	1/26/1998 6:11:00 AM
From: Bobby Yellin	Read Replies (1) of 116759

new safe haven :> up 7.20 hope by the time you wake up..it will still be there.. also I don't rely on technical analysis unless it shows a break down.. too many false signals..(do believe in sentiment indicators though.. show money on sideline.)again surprised that the European market is okay...was greatly surprised that the Dow didn't have a big selloff on Friday.. I don't think anybody can tell if there will be another selloff. Often times,a bull can start masked in temporary conditions.. time will tell (who knows maybe people are expecting a recession with the SE Asian collapse and know earnings might drive the market down...instead focus on Clinton presidency in question..) (environmental stocks might provide a clue since Gore is very pro environmental) (also Ramadam ending although Chinese New Year also ending)

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