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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 (10050)	4/16/1998 8:04:00 PM
From: bobby beara	Read Replies (1) of 116770

Investors Intelligience. SI survey I think is a narrow sample and more focused on tech stocks. In December the Gold Mutual Fund Managers didn't even have many gold stocks. Now the XAU has beat the Dow since then. Now in April, bearish fund managers are fully invested. I saw a MM who was displaying a valuation chart that compared close to 87' and he said he was 85% invested. That must mean the bullish advisors are probably fully margined in Yahoo trying to catch up the the averages that they've been failing to beat. I think the sentiment is similar on the inverse. oops just got another cold call for an IPO investment. Think I'll go take a cash advance and send em the dough -g- bwdik, bb

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