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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: mick who wrote (41452)	9/29/1999 12:35:00 AM
From: Rarebird	Respond to of 116764

< With the price increase in gold, you'd think the stocks would have responded better > Gold has been in a bear market for the last two decades. Outside of a quick trade, there are very few people who take it seriously any more and recognize its Value . :( It's not unusual for a Major Index like the XAU to back off from surpassing a previous high the year before on its first leg up. The key here lies in the nature of the coming pullback. I want to see the old resistance level of 77 serve as support. We should get another strong leg up where all the junior and mid size companies participate to an even greater extent if 77 holds.