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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (7143)	3/13/2001 11:28:53 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

Gold and gold stocks should be bought on weakness like today, imho. Why am I not worried about this gold/XAU pullback? The gold lease rates continue to go higher from last Thursday when the XAU book the new highs. Gold Lease Rates: Gold March 08 March 13 Bid 1) 1-month 5.4000% 7.31% 2) 2-month 4.0338% 5.11% 3) 3-month 3.3200% 4.84% 4) 6-month 2.4800% 3.43% 5) 1-year 2.2750% 2.86% Until lease rates come down below last March 8th levels, gold/gold stocks will continue to be a buy on any pullback. Right now XAU is at XAU 53.01 down over 2 bucks. Best Regards, J.T.