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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.0000010000.0%Jun 3 1:07 PM EST

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To: Coz who wrote (5933)9/3/1998 6:04:00 PM
From: the Chief  Read Replies (1) of 25548
 
Fear! Cosmo Fear! People are watching their portfolio's toilet!

They are being told by brokers to dump all "non-essential" stocks. They are telling them that the only stocks to hold should be the Blue-chippers they've taken a beating on! In frustration people are selling the "chump change" to get some gratification for being to over-exposed to a volatile market.

There is more to come! Watch what happens by the 10-14 Sept. Everyone will be getting their monthly statements from their mutual fund managers and will hit the roof, creating another wave of selling!! Then we enter the dreaded October!!

It ain't over, in fact I am predicting a 4600 TSE and a 6600 DOW by November followed by 12 months of complete unadulterated pain....a bear!! I went 95% liquid three months ago because I believed we had hit a double-top!! It turns out I was 2 months early. If the US dollar continues to weaken then people will "fly" to gold, if so then my TSE 4600 won't occur, if they go to bonds...4600 here we come!!

IMHO All of these penny-stocks including the two I own will be ignored no matter what they find until next fall!

If I can be more depressing...let me know!!<gggg>
the Chief
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