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To: Alan Whirlwind who wrote (67551)4/12/2001 12:05:02 AM
From: baystock  Read Replies (1) | Respond to of 116972
 
There is potential for a short squeeze but I have no idea of the timeframe. Obviously a short covering rally would be that much more violent if the Comex stockpiles have first been depleted. But it is dependent on some big guy triggering the short covering in the first place. The declining Comex stockpiles alone could be a false signal but the spikes in the lease rate appear to confirm that something real is brewing in the shadows.



To: Alan Whirlwind who wrote (67551)4/12/2001 11:37:49 AM
From: Claude Cormier  Read Replies (2) | Respond to of 116972
 
<Are you saying we might see $300 by August? >

I am betting on $350 before year end.