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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: SBerglowe who wrote (87990)	7/19/2002 3:22:52 PM
From: Real Man	Respond to of 116789

2 reasons: 1) Opening gap had to be closed to move higher, so we had to move to unchanged before going higher. XAU and HUI had tough time doing that - I guess, too many buyers? -g- 2) XAU options expiration. A lot of expiring calls traded today, which also confirms move lower. We'll see what Monday will bring.

To: SBerglowe who wrote (87990)	7/19/2002 3:47:45 PM
From: long-gone	Read Replies (1) \| Respond to of 116789

<<Anyone on this thread have any thoughts as to why the gold stocks are acting so poorly today?>> They were up yesterday on a gold price loss of $0.60. What ya want, Up when gold price is down up PILES when gold price is up?

To: SBerglowe who wrote (87990)	7/19/2002 3:49:19 PM
From: long-gone	Read Replies (1) \| Respond to of 116789

You did know ABX & PDG are being thrown out of S&P 500, right? They are both in XAU.

To: SBerglowe who wrote (87990)	7/19/2002 4:22:08 PM
From: long-gone	Read Replies (1) \| Respond to of 116789

Want winners? ASA 33.85 +0.90 BGO 1.39 +0.07 * BVN 25.33 +0.73 CDE 2.36 +0.10 * ECO 1.11 +0.04 * GFI 12.56 +0.12 * HL 4.60 +0.29 * MDG 16.89 +0.49 PAAS 8.79 +0.27 * PDG 10.65 +0.15 * = I got it Lots of days the smaller gold stocks will trade down until the last 15 minutes.

To: SBerglowe who wrote (87990)	7/19/2002 9:40:03 PM
From: goldsheet	Read Replies (3) \| Respond to of 116789

> Anyone on this thread have any thoughts as to why the gold stocks are acting so poorly today? Today is a perfect example of what I warned about on Tuesday: a little bad news helps gold stocks but too much can actually make them act just like other stocks. Dow drops 400, gold bullion goes up $7, and gold stocks (on average) do nothing. Did not surprise me at all.