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To: Ken Benes who wrote (53612)	6/2/2000 7:43:00 PM
From: William Harvey	Respond to of 116779

The xau rose by 5%: A similar rise in POG would be $13.50. Sentiment is more on the side of the miners than the bankers of gold. Hopefully, bankers have better things to do than quash popular sentiment.

To: Ken Benes who wrote (53612)	6/2/2000 8:43:00 PM
From: Enigma	Respond to of 116779

The XAU went up 4.8% - the POG 3.3%. I have no idea what your point is? The fact that the XAU did not reach 60 has no relevance whatsoever - so what's your point? It would not matter what the XAU did or the POG - you'd find some picauyne point to raise. So relax and enjoy the ride.

To: Ken Benes who wrote (53612)	6/2/2000 11:49:00 PM
From: LLCF	Respond to of 116779

<. The same analogy can be made for the xau, it was selling at such a depressed level that any kind of rise who have an inflated % increase. > Or the opposite for NASD.... from such high levels, a 40% drop is nothing. DAK

To: Ken Benes who wrote (53612)	6/3/2000 12:27:00 AM
From: Roebear	Read Replies (1) \| Respond to of 116779

Ken, I suggest you revisit your charts, the XAU broke its downtrend line (58) today. 60 is just more of the same, we'll get that one next week. The fact that the move was disbelieved just makes it better sentiment wise! With the Fed increasing, CRB in a bull, oil at $30, trin not supporting the NDX/DOW rise, VIX very low, p/c very low, dollar dropping things are different this time than they were a year ago or two years ago. You really can't deny the facts are different. Are you short? You sure talk like one, shorts talking their book and trying to make a number mean something it doesn't by repetition, repetition, and more repetition. Roebear