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To: PaulM who wrote (18284)9/10/1998 4:51:00 PM
From: Roderick Francey  Respond to of 116906
 

All very good points Paul. The next three months should be very interesting. More chaos will ensue if all of these brush fires (global situations) are left to burn. Some may burn themselves out (e.g. Clinton scandal), but others will definitely spread further if not contained (e.g. Japan, Russia). And gold loves chaos.

What I am waiting for is a serious change in investor psychology. I don't think we're there yet, but we're getting close. I am waiting for U.S. corporate earnings to decline more so than predicted, dashing any bullish expectations. Then watch the markets decline, and the dollar drop, or so I hope.

P.S. only 50 more posts to go ... :)