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To: Alex who wrote (42487)	10/8/1999 1:50:00 PM
From: long-gone	Respond to of 116764

<<Long-Term Capital Management, the hedge fund bailed out a year ago by a consortium guided by the U.S. Federal Reserve, has been dogged this year with talk that it was short several hundred tons of gold. But a spokesman told Reuters: ``Long-Term has never had any position in gold, in any derivative, in anything--zero...I don't even think they followed the price in the newspaper.'>> Then their law firm quit, now they are closing their doors...

To: Alex who wrote (42487)	10/11/1999 9:06:00 PM
From: banco$	Read Replies (2) \| Respond to of 116764

Specs still very short if these are correct. 10/5 - 64,951 vs 65,077 two weeks prior. The number should have fallen significantly to match the drop in silver shorts during the rally.

To: Alex who wrote (42487)	10/11/1999 9:14:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116764

``There is normal profit-taking by people who have made profits. Other people who thought '$400 here we come' when the gold price broke through $300 are also getting out,' said Mark Madeyski, gold analyst at O'Flaherty Sundelson. ``But a third reason is this worry about hedging positions,' he said. ``There is normal profit-taking by people who have made profits. Other people who thought '$400 here we come' when the gold price broke through $300 are also getting out,' said Mark Madeyski, gold analyst at O'Flaherty Sundelson. ``But a third reason is this worry about hedging positions,' he said. go.com