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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: rolatzi who wrote (4512)11/27/2001 9:55:31 PM
From: gold$10k  Respond to of 36161
 
With the very bullish COTs, is it reasonable to draw the conclusion that $272 is the next higher low in this nascent bull? Go here...

kitco.com

and click on "1 year gold chart" to see $257, $265, and now $272 as the series of higher lows that followed the 20 year low of $252 in September, 1999. Not exactly a flash in the pan <g>, but definitely progress, especially when you consider what each $10 rise in the POG means to the bottom line of the mining companies.

vt