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

To: Benfica who wrote (1239)	6/11/1998 9:36:00 PM
From: kx	Read Replies (2) \| Respond to of 1692

More than half a year since I last visited, you guy still here. The major trend on the gold price is down. There is no end in sight. Fundamentally, and technically on the chart are very bad. Expect to see gold to drop to below $250 US. A few gold producers will go into bankruptcy. Stock market is overvalued and go into correction now. The major trend is still up. Never fight the tape but obey it. Prepare to move into the financial stocks when the correction is over. When is the correction over ? Nobody knows ! Watch the index, and the market breadth daily for clue. Be flexible and never fall in love with stocks. Good luck.