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To: mishedlo who wrote (212430)	1/5/2003 11:26:22 AM
From: Lucretius	Read Replies (2) \| Respond to of 436258

does that count as an abby sell signal?

To: mishedlo who wrote (212430)	1/5/2003 11:42:41 AM
From: JHP	Read Replies (1) \| Respond to of 436258

JP Morgan asks SEC to check into gold trade rumors NEW YORK, Jan 3 (Reuters) - JP Morgan Chase & Co. , a major bullion dealing bank, said Friday it has asked the Securities and Exchange Commission to look into rumors about gold trading losses that dogged the bank throughout 2002. "We brought the nature and subject of the rumors to the SEC and asked them to look at it," a spokesman for the bank said. The rumors about Morgan's gold and gold derivatives operations have been propagated over the Web site of the Gold Anti Trust Action Committee (GATA), a group that alleges bullion banks have colluded with central banks to prevent the price of bullion from rising. The price of gold is at its highest in almost six years. JP Morgan, which ran into trouble over its commodity and derivatives dealings with bankrupt energy giant Enron Corp., said in November that market talk that it lost between $17 billion and $70 billion during the gold rally was "false and irresponsible." The rumors surfaced several times last year, hurting the bank's stock price. Two weeks ago GATA said it will assist an anti-trust lawsuit filed by U.S. coin and bullion dealer Blanchard and Co. against JP Morgan and Canadian mining giant Barrick Gold accusing each of manipulating the gold market to keep prices weak. Barrick dismissed the allegations of the lawsuit as ludicrous and without merit. JP Morgan declined to comment. ((Reporting by Alden Bentley; alden.bentley@reuters.com; editing by Gary Hill; Reuters Messaging: alden.bentley.reuters.com@reuters.net; 646 223 6041))