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Gold/Mining/Energy : Gold Price Monitor

GDXJ 112.58

-1.5%

Dec 15 4:00 PM EST

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To: long-gone who wrote (90714)	10/21/2002 11:03:46 PM
From: goldsheet	Read Replies (3) of 116815

> just asking if you think the downside has now ended? No. Let's review my previous comments: Statement: Downside risk from XAU 60 is very minimal Explanation: Minimal, for me, could be 5-10% (XAU54-57), consistent with my previous statement we could hit the 55 target suggested by another poster. Upside looks more like 20-25% (XAU72-75), making the reward-to-risk ratio acceptable. Disclosure: I currently do not own any precious metal bullion or any precious metal stocks, not have any short positions.

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