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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (16131)	10/3/1998 11:36:00 PM
From: j g cordes	Respond to of 120523

Jim, there's one other thing about gold. As its in large part reflecting the fears of owning equities in a turbulent times, I'm watching it to help indicate the turn in equities. Gold traders, I've found, are always playing the market.. there aren't alot of them who buy gold like one would buy IBM or GE for appreciation.. its a trading vehicle. When they feel things have 'stabilized' they'll be some of the first to see the turn in confidence. Then again for you gold bugs, maybe we'll see gold over 400... Hey, are we talking dollars or what.