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


To: Alex who wrote (72595)6/29/2001 8:32:37 AM
From: Ken Benes  Read Replies (1) | Respond to of 116764
 
Anatomy of a failed rally:
1: barrick merges with hm, derivative markets are relieved at possible new resource for forward sales. Merger takes place on a timely basis with gold threatening to move up.
2: Dutch announce small sale of cb gold.
3: Richard declares this is the big one.
4. Demand needed to support rally fails to materialize.
5. Richard and POG fall out of the crows nest.

Ken