Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: rolatzi who wrote (13091)	5/23/2002 3:03:42 PM
From: Louis V. Lambrecht	of 36161

Ro - two versions: Briefing.com 12:42 ET Gold spiking on short squeeze Gold is now up $4.95 to $320.90/ounce; we're hearing that a short squeeze is boosting the metal today. The XAU is up 2.4% and gold stocks are moving higher once again: NEM +0.47, ABX +0.42, AU +0.91, GG +0.95, PDG +0.56. Oster Dow Jones Speculative long liquidation was noted into the strength, eventually applying the brakes to gold's ascent at $321.50 by 1200 ET. However, the notching up of fresh highs has buoyed bulls' sentiment further, and more gains are expected in due course. futuresource.com I am more confident in ODJ's reports than on Briefing's rumors. <g>

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