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

To: re3 who wrote (68091)	4/22/2001 2:53:02 PM
From: goldsheet	Respond to of 116764

> but the way i read you (and maybe i read you wrong) is that you don't seem to see the pog going anywhere... I wish gold and gold stocks would rise, but when I keep looking at the numbers I can not make a very bullish case. I do think the bottom (double or head and shoulders, depending on how you look at charts) is in on the XAU with support at 50. Gold bullion seems to want to stay above $250, so I am NOT making the bear case. I think any potential is to the upside, but unfortunately it continues to appear limited. > ps why do people buy gold stock calls at such a premium I do not know, but when the premiums get high enough the tempatation to sell covered calls is there.