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To: skinowski who wrote (78252)8/2/2003 4:29:55 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
LOL... Someone wise used to advise never to ask questions to which one doesn't know the answers... -g. Well, in this case we all know that we don't know. My guess is that the current price is - more likely than not - an opportunity. Most of the "professionals" - as well as the public - are psychologically still half way in a bubble. And the prevailing mentality for many years was that the tired old yellow metal has become an irrelevancy.

Here is one EW count of the Bear in gold (as of a couple of years back):

gold-eagle.com

And here is the Ascani index in case anyone is interested:

gold-eagle.com