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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (174508)	6/21/2002 7:11:07 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 436258

weird isn't it?

To: marginmike who wrote (174508)	6/21/2002 7:27:22 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

I go on the theory that the shares tell us what's up with POG in the near future -- not the other way round and all I said was: the the action was not nearly disheartening as it might have been. Gold barely budged up, but HUI closed positive. Not sure about hedge comment -- gold shares are up phenomenally since the dollar started sliding -- one could even say the rise in the POG and miners was a bit predictive there. I think support for the miners is just a little lower than where everyone started buying that one Tues ... another move down won't surprise me -- but some flat that extends way into the fall or early winter would. That would make me bearish and I'd likely sell them all. <ng> Don't hit me -- I sold almost all my trading positions yesterday and today. It is not inconceivable that they just start rocking again right here, too.

To: marginmike who wrote (174508)	6/21/2002 8:33:32 PM
From: patron_anejo_por_favor	Respond to of 436258

The stocks have been a bit erratic, but the HUI (which is the gauge I use, forget the XAU, too many mixed signals from the hedgers) shows a nice up with a single decent pullback which is now being retraced. Still bullish to me: stockcharts.com[h,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G The metal is clearly bullish, same sort of pattern as the HUI: stockcharts.com[h,a]dallyyay[db][pb50!b200][vc60][iUb14!La12,26,9]&pref=G Gold is still the single best hedge for ClownBuck weakness (other than shorting dollar futures, of course).