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To: Crimson Ghost who wrote (41302)	9/28/1999 12:34:00 PM
From: Rarebird	Respond to of 116763

It's called profit taking, George. It's good to have a day like this to bring the XAU and POG more in line.

To: Crimson Ghost who wrote (41302)	9/28/1999 12:51:00 PM
From: goldsheet	Read Replies (4) \| Respond to of 116763

> Gold up $22 but gold stock indexes up only 4-5%. Gold stock > investors obviously expecting a sharp pullback in POG. But if we > don't get it, gold stocks could soar again later in the day. That's the one big divergence I noticed today. Stocks usually move at 3.75 times bullion. Last week when gold was up 5%, the XAU was up 12% On Monday, we had bullion up 6%, XAU up 21.1% (3.5x) Today, gold is up another 6.5%, XAU is up only 2.2% - lagging.

To: Crimson Ghost who wrote (41302)	9/28/1999 3:52:00 PM
From: Jim McMannis	Respond to of 116763

George, RE:"Gold up $22 but gold stock indexes up only 4-5%. Gold stock investors obviously expecting a sharp pullback in POG. But if we don't get it, gold stocks could soar again later in the day."... Actually that pattern is pretty typical... BTW, what happened to "I ain't gonna chase it"...Cramer? I've seen him regurgitate that many times before while he missed out. The moral of the story is, start a webpage and get rich. Much easier than calling the market. Jim