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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Gary H who wrote (28565)	2/19/1999 5:45:00 PM
From: Rarebird	Read Replies (1) \| Respond to of 116892

< I'm of the strong impression that we are looking at a major down turn in the Dow ( after watching the A/D line ... ) > I agree with you. But don't expect a major down turn right away. The Bear inflicts the greatest damage at the end, not in the beginning. It will take a while for most investors and traders to realize that the Bear is here in the midst of this speculative mania. The Bear loves to play games with his fellow Bears and Bulls. He will lull you into a state of complacency; he will have the Bulls running in circles before he strikes. I expect the Nasdaq to correct to 2050 over the next month. The Dipsters and Plumbers will keep the Decline slow and steady for a while. Frustration will build up gradually. The U.S. Economy needs new highs in the S@P and Nasdaq to remain healthy on the surface. Gold is forming a very impressive base, along with the XAU. As this Bear unfolds, it will be the best thing to own. The Bear is here for an extended visit... Let us not under-estimate what he can do and what he can force many investors to eventually buy: GOLD.