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


To: TheBusDriver who wrote (68919)5/9/2001 1:46:19 PM
From: Claude Cormier  Respond to of 116756
 
Wayne,

I am not saying the rally is a trap. Bring in a few more days like today and it is a bull. What I am saying is that the last two months have seen a steady but choppy advance in gold and gold stocks. Not the like of what bulls are made. Today is the first big day or almost.

Lets say I am not against taking some partial profits in case we go back to the bottom of the trading range.

Once gold $274-$276 is behind us, it will be the time to proclaim that the advance towards $350 has started. No matter what, this will happen before year end. My bet.