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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (13816)	7/26/2002 10:46:13 AM
From: J.T.	Read Replies (7) \| Respond to of 19219

The latest collapse in gold and gold stocks is the final chapter in the Bear Market. Unfortunately for gold-bugs, gold/gold stocks getting crushed. This same type action happened in the 1974 brutal bear market. Gold stocks were up Big in the first half of the year and one of the only shining stars as all other groups were down but then preceded to get whacked just like the broad market in the second half of the '74 Bear. Gold stocks like Hecla Mining, Sunshine Mining, Callahan Mining, and Day Mines all lost more than 50% and roughly 60% + of their values in less than 6 months off their 74 closing highs by September 13, 1974. Best Regards, J.T.