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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: whydididothat who wrote (30202)	2/15/2002 9:14:54 PM
From: isopatch	Respond to of 52237

It is just one piece of the puzzle. And you're right, the market sometimes reacts right after it's released. Isopatch

To: whydididothat who wrote (30202)	2/15/2002 9:45:44 PM
From: Square_Dealings	Read Replies (1) \| Respond to of 52237

Open interest is important also. Commercials sell to the public by establishing shorts and then delivering against those contracts. If its funds taking the other side of the trade then I think its a good sign since gold bulls will need the general public to get invested in gold and eventually take delivery. I think gold stocks move up ahead of the metal because its the only way that is convenient for people to invest in gold. The COMEX has done a good job of making it difficult for people to buy bullion. Its a closed door good old boy's banker club that controls all the physical metal. If people realized that gold is collateral for significant loans between countries etc, then they would see that when the loans come due, its the one's that hold the gold that can determine the price. Longer term I think the question is wether gold will go to $500/oz or $1000/oz, its one or the other imo. M.