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

To: Ahda who wrote (83526)	3/20/2002 11:53:59 AM
From: Ken Benes	Read Replies (1) \| Respond to of 116763

To a very large extent. At the moment, I believe the current rally is being support by professional money attempting to create a favorable environment to draw in investment funds from 401 k's, and other retirement accounts. This retirement money will support the current prices while the professional money sells into a rising market for a profit. What will happen post April 15 when the retirement money has been invested and the first quarter earnings will be posted. It may be interesting and a delay in buying equities may be warranted until this possible scenario plays itself out. Ken