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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.33

+5.2%

Nov 26 4:00 PM EST

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To: James F. Hopkins who wrote (10034)	4/16/1998 4:39:00 PM
From: Crimson Ghost	Read Replies (2) of 116770

JIM: We had enormous productivity increases in the 1920s also. No matter how good the fundamentals markets way overdiscount them in manias like the present one. Human nature -- greed and fear -- never change. When the bubble burst we will be going down -- way down. Many premature bottom fishers will be massacred. The bear will not end until the "buy the dips" mantra has been totally discredited.

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