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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (50660)	4/29/2002 8:05:05 AM
From: Clappy	Read Replies (1) of 65232

Silver Nads, schaeffersresearch.com The sentiment on the XAU is something of a surprise. The short interest on the members of the XAU has risen sharply over the past seven months, even as the index itself also rises. Total short interest on the 10 XAU members is now over 60 million shares. The short interest has dropped some over the past two months, likely as a result of short covering. However, the continued healthy amount of shares short and the continued skepticism toward the yellow metal is likely to make bullish gold investors even happier over the coming months. -GoldieHawnsPrivateBenjamin

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