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To: Joan Osland Graffius who wrote (180141)	7/15/2002 10:37:48 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

makes twice in the last 3 days they have fallen while gold has risen ... wait to buy more because lower prices are on the way??

To: Joan Osland Graffius who wrote (180141)	7/15/2002 10:39:03 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 436258

Hedge funds rotating hot money to tech, more than likely...although I'm sure alot of folks wanna blame the PPT for this, too. I think the PPT focuses on the futures, though some of their operative like JPM may have whacked the golds for their own purposes, or funded hedgers to do it for 'em... Either way, I was a bit light going in in event of a (ha ha) bounce. I covered some of my short Anglogold hedge, and bought a bit more HGMCY at the close. Nothing's changed fundamentally, except that the dollar is weaker...