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Gold/Mining/Energy : Gold Price Monitor

GDXJ 145.00

+2.0%

Jan 23 4:00 PM EST

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To: Ron Schier who wrote (11148)	5/3/1998 10:32:00 PM
From: Wizzer	Read Replies (1) of 116908

Imagine what a minor panic, or bear run will do the stock market, since 60% of US households are in the market. If I started to see the stock market go down, and saw my life savings go down 10%, then I think to sell before it gets worse. The pressure of millions of similar households doing the same thing would..... No wonder the DOW is roaring along, with all that money coming in and invested. No wonder EPS are lower, P/E ratios are higher, and stocks have higher valuations than what their true valuations should be. Reality check is on it's way, just an opinion.

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