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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.03

+3.0%

Nov 7 4:00 PM EST

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To: Zardoz who wrote (32859)	4/29/1999 5:49:00 PM
From: Enigma	Read Replies (1) of 116753

Hutch - you appear to be getting a little anxious? You understand the mechanics of the underlying strategies well - but it seems to me that institutions do have a view on the direction of their investments and if the preponderence of like institutions is short and the price rises they, or many of them will cover, and, if they see the right signs, some will possibly take the long side of the market. You're asking everyone to do the sort of mental gymnastics which appeal to you (and Bobby? sorry!) but most of us don't have the inclination for it - or even the aptitude. dd

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