GOLD-XAU Message Board - Msg: 11386652

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Gold/Mining/Energy : GOLD-XAU

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To: IngotWeTrust who wrote (1675)	9/28/1999 2:46:00 PM
From: Broken_Clock	Read Replies (1) of 1756

49r... Sold today at 11 1/2. AU hit 321 and turned south in a hurry. Looks like a real tug of war. Shorts piling on from the open but xau holding 90. Looks like 50/50 from here and I don't like those odds! 320 came too soon and too fast.... Kaplan update yesterday sounded like COMEX specs reversing w/commercials. XAU should have hit 100 w/AU at 320 but not the case. I may scoop some cheaper ASA calls for near term just to stay in the game. XAU premiums have expanded off the charts! I could see AU filling in some gaps before resuming northward trek but I am usually wrong. -g-

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