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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 24.50-1.3%Jan 27 3:59 PM EST

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To: TATRADER who wrote (2007)3/7/1997 4:26:00 PM
From: Zeev Hed   of 14226
 
Mark: As much as I would want it to break through the 2.5, I am afraid that traders are going to use these prices (or already are using these prices) to bail out and reenter under 2. A lot of volume and the price is not moving. The supply at 2.5 is probably too large for this attempt. Do not be disapointed to see another regrouping before a break. We might be benefiting from people getting out of IPMCF (down 4.5 from the high) and redeploying in the other DD (CHIP and MAXAM were higher as well), but once this demand is taken care of, we need fundamentals to move us higher.

Zeev
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