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To: Lucretius who wrote (1324)6/28/2000 9:12:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
well, i may not have formulated it correctly...let's say we both don't expect great things from this gold rally in the short term.
and from what i hear, not many people do. the most optimistic projections refer to prices slightly above the 300 mark before the next downturn materializes. so it's clearly a rally that's meeting with more skepticism than previous rally attempts.

the stock market otoh seems on the verge of a major denouement...did you see the CBOE stats and the Rydex ratios? the complacency is incredibly thick...