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To: Lizzie Tudor who wrote (15974)1/31/2003 1:07:50 PM
From: fedhead  Read Replies (1) | Respond to of 57684
 
Thats another trait of the initial stages of a bull market.
The market goes up but by and large the public doesn't get in as they don't believe it. The gold market is exhibiting these traits. The US equity markets are behaving exactly the opposite where every bear market rally has been characterised as the beginning of the new bull by everybody
and their mother. When the US markets finally bottom and rally, no one will be interested in buying into that rally
because they would have been burned so many times by
bear market rallies.

Anindo