P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who wrote (4238)	7/26/2002 11:44:07 AM
From: SunSunM	Read Replies (1) of 30712

Jeff, >> NEW YORK, July 26 (Reuters) - COMEX gold futures continued to ratchet down to new medium-term lows Friday morning as some players not only liquidated long positions, but began taking out new short positions after technical support gave way, COMEX brokers said. With the dollar reasserting its strength and U.S. equity markets opening higher, some traders said there was talk that some funds were changing their strategy, betting that the bottom was in for stocks and that gold had already seen its best levels. << Similar to what you said earlier? KC

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