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

To: nspolar who wrote (6414)	1/12/2002 6:36:06 PM
From: TheBusDriver	Read Replies (1) \| Respond to of 36161

I don't know about you but the silver chart looks very strong. You think the coms are regaining control? Wayne

To: nspolar who wrote (6414)	1/13/2002 7:24:41 AM
From: que seria	Respond to of 36161

Nice pickup, nspolar. The September break in the pattern of gold price movement up and commercial shorts up is notable in itself. That same divergence in the usual pattern also occurred on a lesser scale in December and already this month. A sea change in commercials' view of the sustainability of a move up? I still think it's a trading opportunity if the yellow spikes above $300, because I can't imagine how Europe is going to see its component economies swinging in rhythm any time soon. Some are always going to be out of tune and falling down on the dance floor. Then they're going to want their dance partners to pick 'em up, saying: "You stepped on my shoe or I wouldn't have fallen," or "You've called a tune that's too fast for me to dance to," etc. Then the Germans will say to the Greeks, Spanish, etc.: "You're drunk! Get up yourself!" So will go the Euro although it will take awhile for confirmation. Japan's currency surely does not seem to be anyone's choice. The dollar, bloated though it is, will benefit because any acceptance of gold as money is a long way off. People will keep realizing that and rallies will keep falling back. I intend to start selling off and rebuying gold positions more routinely, looking for less of a permanent hedge.