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To: Lucretius who wrote (64301)9/27/1999 12:24:00 AM
From: John Pitera  Read Replies (1) | Respond to of 86076
 
Gold is above it's 200 dma basis Dec. which is at about 280.

one would think that it would have to pause here for a few days, if not I feel it could have a very destabilizing impact on other global markets....obviously that could entail a weakening of equity markets ....esp. the US mkt.

Maybe Ballmer is a Closet Gold Bug -g-



To: Lucretius who wrote (64301)9/27/1999 1:16:00 AM
From: Amots  Read Replies (1) | Respond to of 86076
 
Luc.
GOLD bought 12.5 Tons for $255.75 in the BOE sale.
If spot is at 280.75, they just made about $10.7MM.
I think we will better price then $3.75 on Monday (I'm in at 3.375 so I hope to raise my SL to over 4. -g-)
Amots


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