This is an excellent article...The quote from John Templeton is right on..
The piece describes the hot money that went into OIL and GOLD...ran up the prices to $70 a barrel crude and $480 an oz gold and then blew out of the positions when that scenario didn't materialize...Now these groups have pulled back significantly ...and the weak holders have sold off..
I agree with Jim..The next months will see a nice move from these temporarily hated stocks....
http://www.financialsense.com/Market/puplava/2005/1020.html
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