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

To: The Perfect Hedge who wrote (30056)	10/3/1998 7:33:00 AM
From: bobby beara	Read Replies (3) \| Respond to of 94695

Beeble, The XAU is in a bull market, so a flag on an XAU pole would be a pullback. I don't expect any pullbacks in the XAU to last more than a few days. I think the XAU is gaining momentum and the asset class is extremely oversold on a monthly basis and is reverting to the mean. I believe that investors will start seeing the stability of the trend in the XAU, the stability they have been used to for a decade now -g- and run, not walk, toward gold stocks. They are starting to run out of dramamine pills -g- Gold stocks are going to da moon alice, da moon! :-)