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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: scotty who wrote (61751)12/6/2000 10:54:52 AM
From: Little Joe  Read Replies (3) of 116764
 
"Gold looks explosive to me now. The dollar is crumbling, commercials are net long, XAU is rocking"

Scotty, I am a great believer in technical analysis and what I posted is what the charts are telling me. I do know that for nearly two years insiders have been accumulating gold shares. I have many times posted that I subscribe to an insiders service and gold stocks have been among the top areas for insider accumulation for a long time. The Commercials have been net long gold in the futures market often in the last several years.

I hope you are right and gold does explode (as long as it is not caused by catastrophe) but I think patience is still the order of the day.

Live long and prosper,

Little joe
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