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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Al Gordon who wrote (14634)	7/18/1998 5:30:00 PM
From: Crimson Ghost	Read Replies (1) of 116764

Al: My problem on the outlook for the Japanese markets is that there are some very smart people on both sides of the debate. Fund manager James Cramer thinks the bears are headed for a fall. But Martin Armstrong of Princeton Economics thinks both the yen and the Nikkei are headed much lower after this little rally peters out. The bulls say that major reforms are coming and the markets will overlook short-term problems. No way will the market be so generous say the bears.

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