Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: long-gone who wrote (86888)	6/14/2002 11:26:23 AM
From: Zardoz	Read Replies (4) \| Respond to of 116922

Wasn't referring to Gold, just markets wash out. Tis the ninth month since Sept lows... this market. malaise is due to option and index buying of late Sept to prop up the markets in a deflationary environment. IF you remember I've been suggesting for weeks or months that the markets are in worse shape then prior to Sept 10. Deterioration of the markets has accelerated weekly. The FED's inability to move the markets by creation of liquidity has caused the uncertainty to grow. The imbalance between equity debt and rates should continue to push the DOW to 8700 & NASDAQ to 1250 +/- 2% We could use a final 400 point washout. Maybe today near close, but likely next week during options expirations