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Ruellit

06/09/01 10:36 PM

#7 RE: sarals #6

I found the article very interesting myself. As for your question, "Is that a bad sign for the economy in general?" I'd be inclined to say no at this time, but this does raise my suspicion that a short term retracement might be on the horizon. Last week the Most Active list at Ragin Bull included two financial companies out of the four listed. Financials are typically the first stocks to gain favor in a bull market. It's is currently my belief that we are on the verge of experiencing the most intense bull market the market has ever seen! I expected a short term retrace, but this article is not supporting my belief that it will be shallow. Instead, if their prediction of gold going to $385 an ounce comes true, then that could mean a much deeper retracement!

muel <ggg>