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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: isopatch who wrote (91443)6/10/2001 6:52:29 PM
From: Crimson Ghost  Read Replies (1) of 95453
 
iosopatch:

Most do not realize it, but the commercials are usually short during major gold bull markets. That was the case in 1993. Apparently they are no better at detecting a MAJOR trend change than anybody else.So expect the commercials to remain short (though not too short) as this gold bull continues.
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