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

To: Bobby Yellin who wrote (43133)	10/17/1999 8:06:00 AM
From: Rarebird	Read Replies (2) \| Respond to of 116756

< Why didn't it rise this past week as the market melted down? > What do I know? Most of the Great Gold Gurus' missed out on the last rally! HA! HA! Some of this money coming out of stocks will go into Gold by the beginning of November. With the dollar headed down, inflation surging and growth dramatically slowing as we speak, the place to be is in Gold. This is a market that does a good job of faking out most of its participants. I expect earnings for the S@P and NDX to be very bad come the 4th quarter and 1st quarter of 2000! Stagflation here we come!

To: Bobby Yellin who wrote (43133)	10/17/1999 8:29:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 116756

Bobby, <<if this time they don't buy on the dips>> Of course they'll buy the dips, the last dozen tanks have shown the wisdom of buying dips. What it will take is for buying the dips not to work anymore and that may take at least three tanks and buying the dips without market recovery before people catch on that "it's different this time". <VBG> I smell some fear out there and expect a volume reversal Monday and short covering rally for the S&P. IMO the market's not about to kill its cash cow so easily.