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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST

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To: gregor who wrote (9032)3/30/1998 5:58:00 AM
From: MtnBear  Read Replies (1) of 116782
 
Reply to Alex, Russel and gregor:
Thanks for the welcome. Rrman, the pattern of trading may have been just trying to lessen the moving of the stocks up, using such large sums of money. Also (just a thought) there may be some delay just to move the money itself in such large amounts? Probably not, in this market!
Gregor, just a hazy picture trying to emerge: Could be a new linkage between POG and oil. Last week Black Gold got off to a great start, but Yellow Metal quickly caught up; wonder which will win the horse race? One other thought: when big money starts leaving all those 100+PE stocks, it HAS to go somewhere, why not gold and oil stocks??
Best Regards, Mtn Bear
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