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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: Square_Dealings who wrote (64872)	3/1/2001 10:33:40 PM
From: TATRADER	Read Replies (2) of 116756

again let's not throw in the towel..so far this is a classic technical pullback, if that can ever truly be said of gold...The pullback should be to the 50.50 area on the XAU...I have secondary support at 48.75 XAU...... here are some projected rebuy areas if this is just a pullback...I bought GLG yesterday and today at average cost of 1.56, and plan to rebuy other gold stocks should my targets be hit... 1.NEM at 15.50 2.PDG in the 8.62-8.81 area 3.MDG in the 6 3/8 area 4.AEM in the 6.25 area 5.DROOY in 87 cent area 6.HM in 5.00 area 7.HGMCY in the 4 1/2 area What I am hoping for is an early sell-off tomorrow, and then a strong close into the weekend..This would set up some real upside potential early next week....

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