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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (14078)	7/15/2003 3:07:06 PM
From: gold$10k	Respond to of 39344

CD, What you say is true, but XAU is the most watched gold stock index and whether it closes above or significantly below 75.88 will likely determine whether traders (who control the short term) will buy or sell. Also, I believe that DA BOYZ control XAU more directly than HUI by the use of options and futures. Are there options and futures on HUI? XAU is slightly below 75.88 now, but I have learned not to take the number literally and to wait to see where it closes. Meanwhile, buying opportunities are beginning to show up. <g> vt