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

To: Zardoz who wrote (52261)	5/2/2000 8:56:00 PM
From: bobby beara	Respond to of 116759

hutch, try to throw a cold bucket on a 30% gain in a stock -gg- the charts don't lie, and when you get as oversold as the xau was over the last month, the biggest danger is missing the big pop out of the hole, not worrying about any downside or worse yet shorting a dull market. i believe we have completed an abc correction in gold off the october high. The $ is extremely overbought, and ready to make a rock and roll reverse, somebody posted there were only 4% bulls on the euro -gg- IT's RIPE. ya right your cold water post is the reason for a 10% move in the xau today. b

To: Zardoz who wrote (52261)	5/2/2000 9:04:00 PM
From: C Hudson	Respond to of 116759

Hutch, Watch out for Cold Water Buckets......

To: Zardoz who wrote (52261)	5/2/2000 9:25:00 PM
From: TATRADER	Respond to of 116759

thanks Hutch, you always help remove any emotions from my trading.....I have taken enough showers lately, and prefer a warmer one...Commodities, wage pressure,rising interest rate, higher crude prices, and the American dollar tanking with the Euro, the old guard may just break tradition and give us more than a 3 day rush... Red Riding Hood finally did have the wolf in her home.... But no one believed her....

To: Zardoz who wrote (52261)	5/2/2000 9:37:00 PM
From: PaulM	Read Replies (2) \| Respond to of 116759

I am very bullish on gold right now. Except for a short while back when a Ghanian judge threatened to unravel the Ahanti thing, I haven't been short term bullish for seven months. (Course that and a $1.50 will get you on the new York subway). The Swiss gold is going through the BIS. While LBMA and COMEX are markets for private players, the BIS is generally the broker for central bank transactions. This gold is going to another central bank, probably the ECB, and will never hit the market. Also, it will be sold to take in Euros, not dollars.