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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: AHale who wrote (30048)	10/2/1998 11:52:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 94695

GGO, hit it's short term peak earlier than the rest of the XAU. A two + bagger in 4 weeks ain't bad. GGO trades a low volume of shares compared to the big dogs in the XAU and therefore more volitile, I would buy it on any pullback. I think today was a short term pole in the XAU and would expect some flag activity next week. As I'm typing I'm listening to one of the "experts" on Wall St. Week say that gold is a dead cat bounce and there is no inflation on the horizon. Another line of BULL fed by the morons of the media to the pablum eating public. Louis Chucklriser is a poster boy for the overbloughted Mutual fund industry. Gold has historically performed better in deflationery times and there is plenty of documentation that supports it, the experts are too busy signing autographs at mutual fund trade shows to do historical study of the markets. bb