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


To: TATRADER who wrote (64874)3/1/2001 11:20:25 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 116756
 
Mark, <<if that can ever truly be said of gold>> You nailed it. It's now obvious that all we had before was a little short covering that couldn't be sustained. Everyone is so used to trading the runs, real pressure for a full fledged short covering rally panic collapsed. Interesting that all we have working for us with this useless yellow metal is the potential for short covering, no real improvement in demand. Our continued fascination with gold convinces me that anyone interested in gold long term must have their head up their ass. I'm pulling my head out now. LOL



To: TATRADER who wrote (64874)3/2/2001 12:33:34 AM
From: Square_Dealings  Read Replies (1) | Respond to of 116756
 
" What I am hoping for is an early sell-off tomorrow,"

I think gold stocks will move higher from the open and that the pull back is mostly complete. We'll see.
NEM ABX PDG were strong going into the close.

good luck
M.