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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Henry Volquardsen who wrote (68314)	9/28/1999 9:47:00 AM
From: long-gone	Read Replies (1) \| Respond to of 132070

Henry, Thanks, I don't knoiw how short the shorts are, but I suspect the greatest point is the "average US investor" in under representented int he precious metals sector. The old 2-5% of your total net worth rule was thrown out the window 4-5 years ago. If we could just grab that 2-5& where could this thing go?

To: Henry Volquardsen who wrote (68314)	9/28/1999 9:48:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 132070

Any way the market is certainly following through today so it does look like somebody is short to some degree. The key to watch now is what the producers do. As I posted last night a number are looking at this rally for an opportunity to hedge some production. Henry, could this not be more related to futures expiration, and spot covering. With the added removal of liquidity by the sellers, knowing full well that these shorts NEED to cover? In other words, a short term squeeze of mammoth size? And come tomorrow, a new day? Hutch. Very little non expiriration action on the futures.