Canadian-under $3.00 Stock-Picking Challenge Message Board

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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Rocket Red who wrote (2642)	5/19/2001 8:47:30 AM
From: originunknown	Read Replies (1) of 11802

According to the Globe and Mail today, US funds out of New York were buying gold either to cover shorts, as you indicated earlier, or to take a long position. Gold price has broken 45 and 60 day moving averages which makes this very bullish for technical analysts who advise mutual funds on entry and exit points. Self-perpetuating circle.........? Monday will tell the tale of this continuing saga. ou

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