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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Alex who wrote (4434)	12/18/1997 4:53:00 PM
From: Eashoa' M'sheekha	Respond to of 117272

As Per Bubble Vision Today. A analyst on market wrap says the DOW may have made a top and the US markets may be in a downtrend for the first half of 1998.Even CNBC used the term " bubble top " when describing the recent charts of the DOW.A head and shoulders top is very easy to interpret,and the DOW has made a complete formation,for those who like charts. On the PM side.........he feels gold may have seen it's lows,but may still see downward pressure due to short term deflationary conditions. He considered news from Europe to have been very positive for the longer term,and I believe many HERE realize gold's decline to present levels is due to Central Bank Activity, combined with low inflation and a strong USD to a lesser degree. Condidering tax loss selling that will expire soon on the stocks,I feel a window of oportunity is open for those with a longer term outlook.I practice what I post,by the way.:-) Regards Taurus