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To: Richard Mazzarella who wrote (44685)11/7/1999 8:46:00 AM
From: Enigma  Read Replies (2) | Respond to of 116761
 
"Also, the major's hedging limits their potential profit on any new POG highs"

A superficial reading. You have to be more selective - no two companies are alike. The XAU is most likely low because of numerous assertions like yours - the easy course is to accept the conventional wisdom d



To: Richard Mazzarella who wrote (44685)11/7/1999 10:33:00 PM
From: TATRADER  Respond to of 116761
 
thanks richard...