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S&P 500
6,824.66
(
0.62%
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US TECH 100
24,379.46
(
0.56%
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Post# of 704041
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Ace Hanlon

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Ace Hanlon

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Re: Zeev Hed post# 145408

Wednesday, 08/27/2003 6:25:57 PM

Wednesday, August 27, 2003 6:25:57 PM

Post# of 704041
Zeev;

Steve Saville has pointed out that explosive moves in gold as we are seeing now usually occur either soon before or soon after MAJOR stock market peaks. This looks like a pre-peak move IMHO. But the surge in gold is still another factor auguring for a big drop once the stock market turns south for real.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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