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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.11

-13.6%

Jan 30 4:00 PM EST

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To: bobby beara who wrote (22115)	10/21/1998 9:59:00 PM
From: Terry Rose	Read Replies (3) of 116955

bobby, Several months ago someone posted that the bull market was a liquidity driven event. How else do you justify the P/E ratios. Now that some of the liquidity is gone and the lack of money (credit) required a surprise rate cut by Greenexpand my question is where is the money coming from to resurrect this bull? Other than obvious short covering what is fueling this rally? Inquiring minds want to know. Terry,

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