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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: augieboo who wrote (70341)5/22/2002 1:17:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
That number $330 was my target from the beginning of this rally, but the question is how long will that peak hold. If the dollar continues to weaken later this year, gold could go much higher.

Zeev



To: augieboo who wrote (70341)5/22/2002 1:17:52 PM
From: farkarooski  Respond to of 99280
 
If so, then buy BWLRF instead of other Precious Metal stocks

Initial Coverage Strong Buy BWLRF at 0.157
huge volume ...
finance.yahoo.com
average volume 25K, today more than 1 million, will pop soon ...



To: augieboo who wrote (70341)5/22/2002 1:34:22 PM
From: Casaubon  Respond to of 99280
 
there are many cup and handle patterns in this sector. I never heard such cautionary warnings when other sectors when up. Makes one wonder about their agenda.



To: augieboo who wrote (70341)5/22/2002 1:46:40 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99280
 
JP Morgan is one of the biggest gold shorts. Not surprising they are attempting to talk it down. Leonard Kaplan -- one ot he nation's top gold traders and a virtual perma bear until last year -- says the JP boys are wrong.

$330 may indeed be the peak for this rally. But the next rally (probably in the fall) could take POG to the $400 area IMHO.