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

To: GTC Trader who wrote (68963)5/9/2001 5:14:36 PM
From: long-gone  Read Replies (1) | Respond to of 116756
 
<<ABX closed at 17.42 after high of 17.90.

Does this mean we consolidate before going higher?

I sold my GLG at 2.30 today.>>

Yes, but NEM closed north of 20.50, HM above took out 6.50,6.75,& closed above 7.00,but ECO didn't break above prior highs despite profit, then again BGO did close well above $0.25. Yes, components are giving mixed signals, but the (presumed)less hedged closed strongest.

IMHO we will see continued divergence between sub-groupings.



To: GTC Trader who wrote (68963)5/9/2001 5:55:00 PM
From: TATRADER  Read Replies (4) | Respond to of 116756
 
ken, the target I gave about 6 months ago on XAU was 63, I would like to revise to 67.50.....Any pullbacks now are buying opportunities....If XAU pulls back to 56, I would be a buyer again as it would fill the breakaway gap from the head and shoulder bottom pattern...The bull market in gold has begun...Welcome aboard what should be a joyfilled and challenging ride....Regards, Mark


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