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To: Little Joe who wrote (13367)7/2/2003 11:24:40 PM
From: crustyoldprospector  Read Replies (1) | Respond to of 39344
 
LJ, I too am generally bullish, but in keeping with the bull theme, I think gaps like this have to get filled sooner rather than later:

bigcharts.marketwatch.com



To: Little Joe who wrote (13367)7/3/2003 1:56:55 AM
From: gold$10k  Respond to of 39344
 
LJ,

I also expect a breakout at some point this year, but first I would expect the POG to at least re-test $343. and XAU/HUI to at least make a nominally higher low than last week. If this minimum pullback is all we get, the breakout could come sooner. If XAU/HUI breaks last week's lows, I would expect the breakout to take longer to develop. All things are possible, but not equally likely IMO.

Just my 2 cents,

vt


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