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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.81+0.9%Nov 19 4:00 PM EST

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To: Lucretius who wrote (10232)4/20/1998 10:42:00 PM
From: Terry Rose  Read Replies (1) of 116762
 
Lucretius Taurus, MSNBC showed a brief shot of Newsweek's front cover with a bull on it. I have got to get a copy. This is a very strong contrary indicator especially since it is from a non-financial magazine. Michael Belkin who writes a monthly column for Strategic Investment pointed out that when a market tanks big-time ala 1929 and 1987 it will go down to the 200 day moving average before it snaps back. Buying leap puts within 10% of this average on the Dow or S&P could offer cheap crash protection for the stock holders on this thread. Is there a website that tracks this average? Help anyone.

Terry,
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