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

To: long-gone who wrote (45132)	11/18/1999 8:28:00 AM
From: Rarebird	Read Replies (2) \| Respond to of 116795

< I've given up on near everything except hard work and prayer, with even the rewards of these falling into question > You are a Tragic Soul, Richard Harmon. The Reward for any Act lies ultimately in the Act itself. As for all this talk about Manipulation, I think your over analyzing the issue and missing a very simple point: We live in a world of momentum investing and the name of the game in any stock market is to make money. To be sure, valuations are outrageous and speculation has run rampant. Yes, some day it will end very badly. But I've been hearing this on SI since Dow 5,000. The S@P and NASDAQ are trading either on new era valuation models or in the midst of the greatest speculative bubble in history. Time will, of course, be the best Judge and determine the outcome. I have not capitulated. I still hold some gold shares ( in HM ) and maintain a very bullish attitude toward Gold over the next 9 months. I think the move in Gold at the end of September happened too quickly and may retrace more before we move back to $350 next spring. The US Stock Market continues to trade almost exclusively on technicals. The Fundamentals have been ignored. Call me fundamentally bearish. But after the massive bullish volume technical breakout a few weeks ago, this market will continue to head into the stratosphere as we move into December. You just don't get it, Richard: People couldn't care less about Clinton, CNBC, the Justice Department or the Media. They just want to make money and have fun. Sounds superficial, but it's true.