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To: Enigma who wrote (9300)	4/4/1998 9:25:00 AM
From: Crimson Ghost	Read Replies (2) \| Respond to of 116762

Wonder if the recent jump in POG reflects the beginning of open financial warfare between the US and Japan (and other Asian nations as well) A few days ago hedge fund manager James Cramer wrote that Rubin had given the green light for an all out attack on the yen to force Japan to comply with US wishes. Perhaps the strength in POG reflects the Japanese response? If US seeks to crash the yen, they may move to crash the US market by pushing gold much higher. Just thinking out loud, but this scenario does make sense. At least to me.

To: Enigma who wrote (9300)	4/4/1998 11:58:00 AM
From: Enigma	Read Replies (3) \| Respond to of 116762

Prechter (con't) - I can remember when he was the Gospel and then for, whatever reason, he fell out of favour. I've forgotten why, I expect most of us have. Maybe I'm mixing him up with the one who married a Princess! With a market correction looming, if not an outright crash, now is the time for many of the 'callers' to get into an 'I told you so' mode. Like Eileen G. who called the Crash and dined out on it for ever it seems. Made at least one major blunder since when she put her funds into 100% cash. Is she calling for 10,000 - I can't remember? I don't know where she stands now. Now, if one were a contrarian, and saw that the overwhelming majority was calling for a crash/correction might one think that it won't happen? Just musing.

To: Enigma who wrote (9300)	4/4/1998 6:17:00 PM
From: paul ross	Respond to of 116762

Hi Enigma- Here's a report on gold Prechter and assoc. put out in 7/97: elliottwave.com And Bob's homepage: 199.250.130.131 PR

To: Enigma who wrote (9300)	4/4/1998 8:53:00 PM
From: bobby beara	Respond to of 116762

Prechter was last called a baffoon in 1982 when he predicted a booming stockmarket to come in the next decade. This was a time when everyone hated stocks and there was a major story in a financial mag called "The Death of Equities" Wouldn't you have been pretty smart then to do exactly the opposite of the crowd and mortgage yourself to the hilt, follow BP and buy blue chips and just holdem. His timing has been off on this one, but this is the deepest mania of history. We reach market peaks when almost every bear has been discredited and made a fool of. Nobody listens. Here is a sentiment indicator for you. There are 1000's of SI threads, but I can count the number of bearish threads on one hand. bb