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

To: Bobby Yellin who wrote (5303)	1/6/1998 7:19:00 AM
From: J. Nelson	Read Replies (1) \| Respond to of 116825

Hi, Looks like eveyone big went to the bank and sold the POG for cash on Mon. to invest one more time in the stock market on the wait for earnings to come out. My guess is that there will be at most flat earnings and the POG will come to a turn in the next week or two as corportations report fair yet nothing steller on the earnings picture. That should change the picture and provide the start for some change in metals. With the world trying to get there money stable the price of oil at the pump says the stock market is ready for a big pop to the up side. now to see the plan play out with cost cuts for corporations in the insurance issue and any other ways to fuel the blaze of the great wall of money to build such a high value in common stocks of the US. market. JMO, on some of the issues at hand. Only time will tell and with the POG at a low well what do you guess it will do? I give it six months to bust out on a dead cat run that will look and act like a fail with no stop to the source of investmet in the run. Regards, Jim.... P.S. Did you see the low on Dayton this month, I said it was going down back when we were talking of the debenture deal they made. member dat? B.Y.