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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.43-4.5%Nov 20 4:00 PM EST

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To: Alex who wrote (8105)3/6/1998 9:42:00 PM
From: Terry Rose  Read Replies (1) of 116764
 
Alex, Once again a Central Bank sale comes forward at what should have been an opportune time. Whoever announced this expected follow up selling in the U.S. Bond market and stock market today. I'm sure that the rally in these markets surprised them along with most rational human beings. The payroll number is the big number followed by the Federal Reserve and it was a slam dunk number. As long as the Federal Reserve stays on hold the green light for more market mania will continue to flash.

Terry,
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