Peach tree bleeding like crazy

Sorry for the cross-post but this is urgent.
My Peach tree, of about 8 years old, 7 feet tall, variety unknown, has suddenly started bleeding sap from hundreds of tiny spots all over. Thne leaves have all but dried up and fallen off, the ends of the twigs are dead and dry too. This happened within days. The tree is about 50' away from two others, and about 20 feet from another peach tree, none of the others have the same problem.
I don't know if I can add pic here, which I took yesterday, so I put them on a mini-page whrich you can visit by going to http://www.westside.ca/peaches
It ain't a commercial site - it's just got 3 pics of my ailing peach tree. ANY help is appreciated. By appearances of the tree, I'd say urgent is an understatement.
Please email me at the anti-spam address given at the web site or at my address by removing the "spamaway."
Many thanks
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Shiva said:

sign of peach tree borers. You will need to consider a spray program to protect them. Sometimes the trunks of the trees are painted white to protect the bark from winter injury and discourage borers from laying their eggs (they prefer to lay eggs at cracks in the bark).
http://www.urbanext.uiuc.edu/bugreview/peachtreeborer.html
There are new approaches to control peach tree borers (using pheromones to disrupt their mating) but I don't know how practical or available they would be for the typical gardener.
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Pat in Plymouth MI

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I've heard of people putting Sevin dust into regular white latex paint and painting that on the tree trunks too. Sounds like a good plan!
Joe wrote:

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Sounds like the end of it.
But try asking on sci.agriculture if you get no responses here. There may even be a more specialist group than that.
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