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To: ild who wrote (96976)4/20/2001 4:21:02 PM
From: marginmike  Respond to of 436258
 
whats their S&P short now? Gold long?



To: ild who wrote (96976)4/20/2001 5:24:08 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
consider that gold shares at current levels are already discounting a move in the PoG...and the PoG has really done nothing so far. these little wiggles are not really worth mentioning actually.
you'll recognize the real deal when it comes along...in the meantime, just be patient. one of Gann's rules btw.: never change a position because you've become impatient with it.

btw, apparently the commercials covered some shorts yesterday in the gold contract...at least that's what one hears.