Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: yard_man who wrote (14894)	7/25/1998 3:16:00 PM
From: Crimson Ghost	Respond to of 116762

Tippet: I am far from sure we will see 8300 by August 21, but I am quite confident the peak is in and the main trend now is down. The overall market has been much weaker than the averages. The Russell 2000 now is off for the year. Over 200 new lows Friday with the Dow off just 4%. Gross speculation in internet stocks. The market internals stink to put it mildly. Gold stocks are not the only group to have already experienced a full fledged bear market. Energy service stocks -- big winners from 1995 through 1997 - have been slaughtered with many issues off 50% from their peaks. Other groups are sure to follow.