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To: Oblomov who wrote (181811)	7/21/2002 10:17:40 PM
From: Don Lloyd	Read Replies (1) \| Respond to of 436258

Oblomov, also in that post: Since 1988, the price of gold has had a negative .85% correlation with the S&P's, and since 1994, this correlation has risen to .94%. So, if you are bearish on the stock markets of the world, then it must follow that you are bullish on gold. If this is true, then it does NOT follow. These correlations are so close to zero as to be meaningless. In any case, correlation is a poor way of understaning how two or more markets interrelate. It's certain that either the decimal point or the percent sign should be dropped. Regards, Don