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


To: jrinvestor who wrote (74075)7/27/2001 1:58:44 PM
From: Rarebird  Respond to of 116756
 
<I get the feeling that you have not bought into the the market crash predictions.>

Jr, the NAZ has already crashed. I see a retest of the April lows over the next couple of months. Whether or not those lows are broken remains to be seen. My guess is that they probably will be. I'm not bullish on the indices here short term. But I do see a cyclical equity bull market in 2002 within the context of a longer term secular bear. I will be looking to go net long in October/November 2001 to position myself accordingly. I think the gold stocks will participate in the cyclical bull of 2002. Markets move in both directions even when the primary trend is bearish.