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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (21053)	10/31/2002 3:06:01 PM
From: Roebear	Read Replies (1) \| Respond to of 36161

Canuck Dave, Likely spot on. I see gold (stocks, indexes) have made a decision. No idea how long the downtrend lasts, other than what you said in your post, but George is probably right, it's his indicator! Best, Roebear

To: Canuck Dave who wrote (21053)	10/31/2002 3:28:16 PM
From: tahoe_bound	Read Replies (2) \| Respond to of 36161

Or (shudder) it's the same game as 2 months ago, the golds sell off in advance of a big counter secular move by equities. Perhaps the "smart money" is already counting on a 50 pt. lowering by the Fed, which ramps equities, and by "cw" thinking, should be bad for gold. Never mind that lower rates = lower dollar which "should" be good for gold (though it didn't matter in July when the dollar went from 110 to the low 100's and gold stocks didn't respond)