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To: Arik T.G. who wrote (606)	6/30/2002 3:11:21 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 701

Arik, got your gold target hit at #313, for this correction do you mean this June/July low season correction? they pushed it down late in day on Friday suspicious of collusion work here to push it down with the breaking Head & Shoulder XAU and the possible break of HUI uptrend we could see POG push closer to #300-305-310 soon with any continuation of S&P or Naz bear rally here, we may see further gold share and metal selling was your "correction target" for weekly, very shorterm? or for the pre-August period? much appreciated, Jim

To: Arik T.G. who wrote (606)	6/30/2002 4:11:26 PM
From: isopatch	Respond to of 701

Hi Arik. Let's see if 308-310 holds. Did print $310 US Friday, and bounced up through your target, as can be seen from the lower shadow on one of the 30 min sticks on this 3 day chart. quotes.ino.com Been watching your 313 level since you made that 6/17 post, along with several others. So far, very close to Fridays intraday pivot point. Although a little premature to declare a ST bottom before without further confirmation. futures.tradingcharts.com quotes.ino.com It would be perfectly normal for price to make a quick retrace up to 317-18 before further testing 308-310. But, until the flow of trading provides more evidence that a good bottom is in, it looks to me like the 303-5 area is a somewhat more important level for the yellow to make a stand. As always, targets are working hypothesis and good discussion -points nothing more. Mr Market will let us know where the bottom is when he's ready:$)) Good to hear from you. PM me when you get a chance. Best wishes, Isopatch