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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: ahhaha who wrote (43641)	10/23/1999 2:00:00 PM
From: Enigma	Read Replies (2) of 116757

Do you think there's a technical reason why hedgers, who want to, can't cover? The action of the POG recently seems to indicate a dearth of covering. Or is the problem related to those who are still short at a price under $300 -who didn't have some sort of stop buy mechanism in place, and are waiting for a break below $300. Everything seems very quiet with a drift down and several tests of the near $300 level. d

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