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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.28

+3.8%

Nov 28 4:00 PM EST

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To: Bobby Yellin who wrote (10672)	4/26/1998 12:03:00 PM
From: Little Joe	Read Replies (1) of 116790

Bobby: I think your timer advisor (I guess that more accurately describes him) has hit on something that is important. During this move up the sentiment indicators have not ever moved to extremes that would be a sell signal. However and insider service that I subscribe to has issued a flash report that insiders are selling into this rally and they are close to a sell signal. This stock market in some ways reminds me of the huge blow-off in gold when gold went over 700. There were a lot of people who knew it couldn't last and openly discussed it but my recollection was that market sentiment as measured by the people who do such things did reach extremes. Well if you figure out the exact date of the crash (guaranteed, of course) let us all know so we can get rich together. I'm a long way from figuring this thing out. Live long and prosper, Little joe

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