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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.99

+0.3%

Nov 11 4:00 PM EST

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To: Gabriela Neri who wrote (13566)	6/20/1998 8:23:00 AM
From: Richard Mazzarella	Read Replies (1) of 116753

Gabriela, I think that gold stock investors are just a little cautious after getting jerked around like they have with POG recently. The POG charts and forecasts have failed us lately and that failure undermines (nice pun?) confidence. When the charts and fundamentals show that the move in POG has legs, the market will be back in IMO. We may have to move to over $310-320 to convince the market.

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