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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: Dave Gore who wrote (9453)7/12/2002 10:13:39 AM
From: The Vet  Read Replies (1) of 16631
 
Harmony had an earthquake this morning at one mine that killed a couple of workers and closed one shaft. Overall the production drop will only be a minor reduction in the next quarter.

I expected a slight pullback, but the POG is still strong (but controlled - it's options expiry day for gold) so HGMCY will be volatile but unlikely to move far unless the boyz try another last minute attack on the POG between 1pm and 1:30pm like they did a few weeks ago. Watch for it. It is tradable if it happens.
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