PHILADELPHIA GOLD AND SILVER INDEX: XAU Message Board

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Gold/Mining/Energy : PHILADELPHIA GOLD AND SILVER INDEX: XAU

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To: Dan P who wrote (8)	11/17/1996 10:10:00 AM
From: Bobby Yellin	of 28

As long as IBM is undervalued...I am still bullish on the market.. how is that...but hopefully the gold and silver plays will start running with the rest..you are right...thosae oil and gas are late cycle stocks...the only trouble now is that it seems to be a world economy with one country and another bottoming and then moving up etc..so I wonder what rules apply now... thanks

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