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To: Andrew N. Cothran who wrote (122154)	7/25/2002 7:07:30 PM
From: chojiro	Respond to of 152472

OT... Glad to learn that you are standing aside in the gold markets for a bit. Well, I really can't figure them out right now. As you mentioned. I too an a bit confused why miners and POG are taking it on the chin in the face of a declining dow. So per my MO, when I'm not sure what's going on, I step to the side lines. However if I were to guess, I'd say a lot of people are preparing themselves to take advantage of any rally in the other markets. For sure though there is that BIG money that begins to get nervous when POG gets close to that 320 lever. I'm honestly surprised we haven't seem too much of a smear campaign against gold.