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To: J. P. who wrote (42577)5/15/2002 4:08:04 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Gold index will act inversely ot the market in my humble opinion, if market continues to be stable and recovering the 'flight to glitter and flight to safety' impact might wane. I will look at inverse co-relationship on XAU trade levels very carefully, if selling at S&P 1118 and inability to pierce 1128 this may well certainly have a good impact on gold bounce off 71-74 ish levels..