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Strategies & Market Trends : Strictly: Drilling II

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To: pogbull who wrote (16067)7/20/2002 1:37:06 AM
From: Jim Willie CB   of 36161
 
nice obsn on ABX/PDG volume, 12-15x avg daily

but as POG rises soon in the next upleg, the contrast will again be clear with widening differences

HUI finished in middle of today's range
but XAU finished in lower range

the big question in my mind is how much did investors boycott gold shares just for the day ???
that was a huge move in gold metal today
and this is gold's low season

by the way, my Paki buddy at work points out that the Indian Monsoons have not yet arrived, at all
this is causing serious concern among agriculture leaders
I dont know how this affects or delays cash buyers

/ jim
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