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To: SouthFloridaGuy who wrote (4420)8/2/1999 10:17:00 PM
From: Lola  Respond to of 7772
 
Well I think there will be a lot of hysteria over the Y2K thing. I don't think it's really that big an issue in reality but you know how crowds think. There will be all kinds of crowd dynamics at work leading up to the new year.

I personally think it will cause an explosion in gold prices and gold stocks but what the hell do I know. We need some sort of a trigger to get things moving in that direction. If the markets remain soft throughout the summer we might get that trigger. After that there should be massive short covering in gold stocks which will make for some nice gains at least in the near term (1 - 6+ months from now).

I agree with you, I think we may have seen the market highs for this year as well but you never know. I suspect there will be some rallies in sub categories in the Internet area as well. But it won't be anything that can top what we've already experienced this year.

Lola:)