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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Bill F. who wrote (28399)	3/27/1999 2:17:00 PM
From: Lucretius	Read Replies (1) of 86076

long 118, short 62... but rememebr that that is as of Tues... open interest expanded quite a bit on thurs and Fri when gold got clocked. Commercials only buy on dips so that ratio is likely even more bullish as of Fri. Specs are short 62 to 7, and this also likely expanded on thurs and fri as all the technical clowns piled on short cause gold broke a trendline... I think this little trap was set-up quite well, actually. it should lead to a substantial rally. a close above 300 should bring in some short covering foirm the HUGE OTC position. Yen comms were also very bullish adding to the picture for gold and adding validity to my scenario.

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