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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Crimson Ghost who wrote (55939)	7/10/2000 12:42:53 PM
From: Rarebird	Read Replies (2) of 116790

George, commercials were net short at every intermediate term peak during its bear market. At every bottom before each bounce they were net long, as was the correct position. The price of gold does not decline 100% of the time when commercials are short, just as it does not rain 100% of the time when storm clouds gather and the wind blows in circles. As they say in track, the race is not always to the strong and the swift, but that's the way to bet.

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