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


To: John Paquet who wrote (59602)10/10/2000 6:59:04 PM
From: John Paquet  Read Replies (1) | Respond to of 116759
 
Hot Issues>>>"TIMING OF BLACK OCTOBER ,2000"

BASED ON THE FOLLOWING Uncertainties in us financial market:

1.Lots bankruptcies imminence

2.Junk bond trading failure,

3.Tax losses sales,

4.Margin calls pressure up, this is the hottest pot at this point intime.

5.Snowball effects-interaction among the market places.

6.Alan's Productivity model failure.

7.earning can not meet expectation

8.high energy costs.

9 Al Gord edged on the lose end, Clinton era Rubin/summers were history.

10.us dollar got whacked.

Based on this factors, that IMMENENCE BLACK OCTOBER"

WILL OCCUR AS SOON AS THAT NASDAG CROSS OVER THAT MARCH LOW.

I expect a big sell off will follow through as lots stop losses were set in that area.

THis could happen within a day or two or three as Naz is so near to that March low.

Watch out, folks, Yahohoooohohohhooo!!!!Hahahahaha!!!

Gold $325 soon, XAU 75 or 90 for sure, IMHO!!!!!

John Paquet



To: John Paquet who wrote (59602)10/11/2000 12:56:16 PM
From: Ken Benes  Read Replies (1) | Respond to of 116759
 
If the market collapses, do not be surprised if the xau collapses along with it. I believe there is a good possibility that a new low lurks in the near future for the xau.

Ken