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To: NOW who wrote (150296)2/8/2002 3:50:33 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<see commercails MUCh shorter gold on the 5th. thoughts?>>

Hope it's JPM and ABX, if so they're getting their heads handed to 'em. Strangely though, they were covering on silver.



To: NOW who wrote (150296)2/8/2002 5:10:45 PM
From: pater tenebrarum  Respond to of 436258
 
well, it obviously makes a correction more likely...but then again, they're ALWAYS short in bull markets, as gold bull markets are driven by the speculators. it really depends on whether more hedge/commodity funds join the fray and buy. OI has expanded, but is still a far cry from the old highs. still, the weight of the evidence based on recent experience favors a correction.


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