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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (1802)	10/6/1998 6:56:00 PM
From: Ahda	Respond to of 1911

Alan i was just thinking what about development. You have plans on paper i know there is many small plants that are opened in different spots of asia but the cost will go up with the fall of the US dollar..

To: Alan Whirlwind who wrote (1802)	10/6/1998 9:52:00 PM
From: ahhaha	Respond to of 1911

Since the end of 1994 the DOW has been rising in excess of 50% per annum. That isn't the structural growth rate of large companies. The water is all back in the big company stocks. At best the averages can only go sideways as the real economic gains are digested. The stock market approaches a sideways expectation by going up and down. That is called a swing traders market. We saw the left shoulder complete in summer of '97. The move this year is a head, a top, that bags the inured. After the head you get the sell-off. We are completing the sell-off now. Next comes the advance that forms right shoulder(s). When that is complete, you get the downside blast. Only rising interest rates can cause the "Prechter Bust", and it is being cooked up by the best laid plans of banks and men. '99 smells bearish, but not until you get the band wagon loaded again.