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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: pogbull who wrote (16067)	7/19/2002 5:05:44 PM
From: patron_anejo_por_favor	Respond to of 36161

<<I think that the XAU was a bit skewed today by the SnP selling of ABX and PDG>> Exactly...those got booted out (frankly, the XAU is a rummy index full of hedgers that tells you nothing about gold miners as a function of the POG, but I digress...)

To: pogbull who wrote (16067)	7/20/2002 1:37:06 AM
From: Jim Willie CB	Respond to of 36161

nice obsn on ABX/PDG volume, 12-15x avg daily but as POG rises soon in the next upleg, the contrast will again be clear with widening differences HUI finished in middle of today's range but XAU finished in lower range the big question in my mind is how much did investors boycott gold shares just for the day ??? that was a huge move in gold metal today and this is gold's low season by the way, my Paki buddy at work points out that the Indian Monsoons have not yet arrived, at all this is causing serious concern among agriculture leaders I dont know how this affects or delays cash buyers / jim