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To: posthumousone who wrote (176401)	6/29/2002 11:19:43 AM
From: Knighty Tin	Read Replies (3) \| Respond to of 436258

post, I think it has much more to do with the fact that traders have no belief in a long term bull market in gold. It has cried "wolf" way too many times for them. So, any hint of weakness and they bail. This is true of all commodities now. The old long trend traders have all died or gone broke. I am still a bit confused about the disconnect between gold and currencies. Currencies continue to kick butt while gold is applying balm to its heinie. That's not the way it's supposed to work when the buck is falling off a cliff.

To: posthumousone who wrote (176401)	6/29/2002 12:54:26 PM
From: patron_anejo_por_favor	Respond to of 436258

<<I think it make alot of sense if your looking for a way to mentally soften the blow of POG breaking a support level. Does make one feel better doesnt it>> LOL! WHAT support level? $308-$310 has been the most important level there for months...and it bounced off it at the close. Yes, of course, I suppose it was the Beardstown Ladies deciding all of them had to dump gold futures at the same time, with 10 minutes left to go on the last day of the quarter, ROTFLMAO! Bought some physical today. Prices are heading higher.