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To: orkrious who wrote (271102)12/16/2003 6:41:34 PM
From: Square_Dealings  Respond to of 436258
 
Gold has gone up with the stock market so if POG hits 561 then the DOW should be around 14k or so.. :)

Gold seems to be a good measure of how much the Fed is willing to lower the dollar to ramp the stock market so if the stock market turns down I expect gold to do the same, maybe just not as much in percentage.

M



To: orkrious who wrote (271102)12/16/2003 7:53:59 PM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
Ork, I posted because the first 4 points were of interest . The Nasdung doubled in the six months late 99 to March 2000 so we all know how crazy mkts can get. Do you know anything about the Peter George reference? Mike