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Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

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To: Broken_Clock who wrote (15303)	8/4/1998 5:26:00 PM
From: Roderick Francey	Read Replies (1) of 116764

Major correction predicted for U.S. markets I just heard on the news that Ralph Acampura (Sp?)just jumped over to the bears. After 3 1/2 years of being a bull, he has now proclaimed himself a bear. He is predicting a 20% market correction. Personally I sort like this guy. He's a technical analyst, and is one of Louis R.'s technical analysts on WSW. This week's WSW should be an interesting show ;). Hmmm ... average 3% drop on U.S. and Canadian markets ... curious to see how the remaining global markets react. I wonder how many people received margin calls? :) ... never again for me ... I learnt my lesson a looong time ago. And most importantly the price of gold jumped. The question is ... will it go higher? Flight to quality maybe?

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