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Strategies & Market Trends : Strictly: Drilling II
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To: gold$10k who wrote (8061)2/19/2002 1:09:04 PM
From: Paul Shread  Read Replies (2) of 36161
 
vt,

I think a higher POG is priced into gold stocks here, and the failure to hold the breakout wouldn't be a great development, IMHO. There is certainly no market more subject to manipulation - but that's also one more reason for caution here. Gold and gold stocks have failed here a lot over the last couple of years, and I'm sure the CBs would love to see it happen again.

That said, you're a heck of a trader, and I certainly hope you're right.

Best,

Paul
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