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Gold/Mining/Energy : Gold Price Monitor
GDXJ 108.88+4.2%Dec 9 4:00 PM EST

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To: ahhaha who wrote (13120)6/14/1998 3:19:00 PM
From: John Mansfield  Read Replies (1) of 116801
 
'Bay Street Beat: Party to begin again in July

By Sarah Edmonds

TORONTO, June 14 (Reuters) - Investors who feared the party was over on North American equity exchanges after
the recent reversal can start socking away the champagne for an early July celebration.

A positive finish to a rollercoaster session on Friday, still-strong North American economic fundamentals and record
low bond yields are all clues that a summer rally is close at hand, analysts predicted.

''We've had a good deal of damage done in the past few weeks and my sense tells me that we're close to being
oversold,'' said Irwin Michael, a fund manager at ABC Funds.
...

biz.yahoo.com
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