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To: Rarebird who wrote (38213)8/2/1999 5:44:00 PM
From: Enigma  Read Replies (1) | Respond to of 116753
 
Hutch - what is your take on this and the effect that forward selling has on the gold market? d



To: Rarebird who wrote (38213)8/2/1999 6:17:00 PM
From: Rarebird  Read Replies (1) | Respond to of 116753
 
The CRB broke out today above its 200 day moving average.



To: Rarebird who wrote (38213)8/3/1999 4:59:00 PM
From: Bob Dobbs  Respond to of 116753
 
<< When the producers sell forward, they short circuit any kind of rally as it materializes...>
It certainly does delay a rally, Yes. >

That's right, and make the effect more pronounced down the road!

How's that for double embedded quotes?

Bob