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

To: Andrew who wrote (24332)	11/20/2003 6:22:23 PM
From: Little Joe	Read Replies (1) \| Respond to of 39344

"Would seem that the ones writing the options are doing whatever they can to keep gold down so they dont lose money. They must have a lot behind them." I don't know why we should assume that those writing the options are more motivated than those who purchased the options. "In the face of the Euro making all time highs against USD and geopolitical concerns you would think gold would be over 400 here wouldn't you." Not necessarily, gold has moved well ahead of the dollar drop and any century mark has a well known tendency to be a resistance point. "One good way to look at is that they are selling and probably short. Next week should be interesting." Indeed. Little joe