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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.93

+0.8%

Jan 9 4:00 PM EST

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To: Real Man who wrote (73697)	7/20/2001 12:15:18 PM
From: Rarebird	Read Replies (1) of 116846

I expected the current rally in the XAU to most likely stall out at the 56-57 level and this is why I covered my ABX puts last Friday. Early next week, I expect the XAU to make its decision which way it wants to go. I think we will see either an XAU above 60 or below 50 in short order as soon as that decision is made. I see more hope here on this thread than I do on high tech threads on SI. I will be initiating new positions in the direction of the trend once that's revealed. I got no biases here. My only allegiance is to members of my own family and learning.

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