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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (215462)1/17/2003 6:57:07 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
I think he's being a bit cute with it. He sold another 1/2 of his position (if I read the post right)...I don't think we see 95-105 HUI again, either, alot has changed besides the move in the POG and in gold since November (hint: It's the dollar!). The pullback has already been partially priced in/is being priced in by the sluggish moves in the stocks relative to the metal. Finally, all of that discounts a quick end to the war, without any nasty chemical or civillian attacks on our troops there or our population here. But he's a smart guy, he may know more than me, so we'll see....
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