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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (1347)	7/2/1998 2:12:00 PM
From: ahhaha	Read Replies (2) \| Respond to of 1911

Some stocks have topped, others will use the rest of July to do so, and yet others August and September. The DOW is weaker than the SP and may play catch-up. The Russell 2000 is way behind. Gold acts like garbage and is very close to forcing a long taken on Monday to close out the position at a loss. If there was ever a better contrary opinion play than gold is now, I don't know what it was. There is no confidence and no fundamental rationalization to give the gold bull justification. That is true contrary opinion. When you have no reason at all to believe something will move in a given direction and all the reasons for moving in the opposite direction are well-known and known for years, is the contrary opinion direction. Can you see why it is so difficult to have true contrary opinion?