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To: patron_anejo_por_favor who wrote (267184)	11/13/2003 7:01:10 PM
From: orkrious	Read Replies (1) \| Respond to of 436258

Richard Russell tonight: dowtheoryletters.com As for gold, it's obvious that a large contingent of gold bears and shorts were disappointed when gold closed above 390 yesterday This same contingent is now fearful of an even more important gold close above 400. Thus, we could see a battle here on a daily basis, day after day, as the gold bulls try to break gold out above 400 -- the gold bulls are pitted against the Commercials, the gold shorts, the government and the central banks -- all of whom do not want to see higher gold. A year from now my guess will be that we'll look back at the "battle of 400" and wonder what we were even thinking about. But the early phase of a primary bull market is always a battle and usually a tough one.