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To: ild who wrote (153803)2/27/2002 3:58:01 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
May take a while...Looks like we get some help from the chart on this one, it's a good spot for a double top...

stockcharts.com

If we take out 44 on a close, I'll add to the position.



To: ild who wrote (153803)2/28/2002 1:36:41 AM
From: ild  Respond to of 436258
 
<<<February 26, 2002.>>>
<<<SUMMARY: My current outlook for gold mining shares, gold collectibles, and gold itself remains SIGNIFICANTLY BEARISH. Commercials have been reluctant to reduce their heavy short position in COMEX gold futures, even on price dips, indicating that the pivot price for gold (at which commercials are net neutral) might still be at its 2001 level of $276 spot even after all the recent developments in the world financial markets. >>>
goldminingoutlook.com