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Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.61

+3.0%

4:00 PM EST

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To: long-gone who wrote (89965)	9/25/2002 11:27:40 AM
From: goldsheet	Read Replies (1) of 116815

Another of my posts from September 5th "a 50% retracement from the June top of 88.65 to the subsequent low of 55.73 would be 72.19, which is about where we are, so I think we are just about done." Message 17957647 It's three weeks later and we are at 73.99, yawn .......... Another thing I noticed is ABX has been outperforming NEM September 5th, ABX=15.80, NEM=28.20, Ratio=1.79 today, ABX=17.95, NEM=29.11, Ratio=1.62 When folks are really bullish NEM gets bought, but when they are more defensive ABX seems to be the choice. goldsheetlinks.com

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