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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.70

-0.3%

4:00 PM EST

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To: Don Green who wrote (17828)	9/6/1998 8:10:00 PM
From: Enigma	Read Replies (1) of 116796

Dow rally - apparently the week or so sfter Labo(u)r day is usually seasonally strong for the Dow - so it could happen - except the stock market seems to be listening to bad news now, and there is potentially much more of that including the Clinton saga - also below 200 day moving average for the first time in many years - so it is basically technically weak, very weak. Don - you haven't yet defined yet when you think gold (and gold stocks (as defined maybe by the long term Xau) will have broken your 18 year downtrend. Stick to technical analysis - the fundamentals have too many variables. Don't mean to be rude but do you know anything about technicals - or is all your market info. gleaned from your wife - in which case maybe she could do some of your posting for you! She might have a different slant. E

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