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


To: Gabriela Neri who wrote (15196)8/3/1998 12:05:00 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 116762
 
Gabriela; Stocks headed lower, but really big drop not yet in the cards. Cole's law -- based on careful observation -- states that the big cap averages will not drop more than 10% as long as bonds and the dollar are strong and gold is weak. So until dollar and bond strenght is reversed and a gold bull begins, Dow 8300 will be about as bad as it gets.