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

To: jimsioi who wrote (20046)	10/9/2002 4:53:50 PM
From: isopatch	Read Replies (1) \| Respond to of 36161

HUI 100 is less than 9 points away, after the huge decline in recen weeks. Physical gold, not gold stocks, has been the safer play in recent months. But Cash...has been King. Isopatch

To: jimsioi who wrote (20046)	10/10/2002 2:54:42 AM
From: TheBusDriver	Read Replies (1) \| Respond to of 36161

<<Further weakness in the dollar will be supportive from here....if we get back down to 106.>> Agreed. I use INO to track the buck and it does not show asian markets. But USD did not look very strong at the close. However I think FED intervention will prevent the USD from falling too far too fast. Looking for a reversal in USD sometime today, but this is seat of the pants stuff. <<Miners are just being liquidated along with just about everything,>> Yes, a meltdown will take everything with it. Including PM stocks. There are too many outside influences to make sense of POG right now. At least for me. <<When they get there Silver will be most tempting again....$4.20??>> This is my target was well. Thanks for the post. Wayne