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

To: nspolar who wrote (21365)	11/6/2002 1:49:57 AM
From: Canuck Dave	Read Replies (1) \| Respond to of 36161

Don't be surprised if gold tanks tomorrow. Longer term, let me see if I can guess your views. Republican victory means tax cuts, more defense spending, and bigger deficits. More importantly, it is a vote of confidence in the current economic path (Democrats campaigned on economy to no avail) and status quo. And here on the SDII thread, we have a pretty good idea where that path leads. Expect a rate cut and a big market up move tomorrow, not necessarily in that order. Producers waiting to reduce hedge books sitting below the bid will slowly bid gold back up in the following days. Just my opinion. CD

To: nspolar who wrote (21365)	11/6/2002 3:53:13 AM
From: tahoe_bound	Read Replies (1) \| Respond to of 36161

Polar what is your source to track Rydex asset levels? Thanks in advance.