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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (48703)2/9/2000 2:36:00 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 116762
 
The XAU underperformance versus POG probably reflects the fact that after so many failed rallies, investors will not pay up for gold stocks until POG has proved it can move up and KEEP MOST OF THE GAIN. If POG proves that it has now entered a new higher trading range (say 300-320), the gold stock action will improve greatly.



To: Rarebird who wrote (48703)2/9/2000 2:40:00 PM
From: Enigma  Read Replies (1) | Respond to of 116762
 
You're probably right - last time the XAU stocks caught up before the market close so we have a little time


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