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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.90

+0.9%

Nov 18 4:00 PM EST

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To: Broken_Clock who wrote (19687)	9/24/1998 10:58:00 PM
From: Terry Rose	Read Replies (1) of 116762

PapayaKing, I spoke with a friend at work today about the demise of a large hedge fund and its possible effect on gold. The scary part was that he didn't know what a hedge fund was. When you talk to your friend next see if he knows what are the main holdings in his fund and if they have any derivative exposure. Also ask him what his pain threshold is. I continue to believe a S&P or Dow correction of 25% is critical mass time for mutual funds. Terry,

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