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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: Michael Hart who wrote (2228)	3/10/2004 2:31:39 PM
From: Louis V. Lambrecht	Respond to of 60911

I rose a red flag on gold for the reason that open interest is falling since Jan 13th (translates in: less interest of the sector in speculation, hence less people to bid up the prices). OTOH, since Jan 13th, the OI fell to levels at which a trend change should happen. So, I remain agnostic until further known. Broad market is sick. Forgot that broad market was rallying in sync with a Dollar weakening. Lower broad market should, therefor, be accompanied by a strenghtening of the Dollar (don't ask, pure observations of late). Also, as posted earlier, I expected this week to be so-so the broad market, as usually expiration week (next week) has a bullish bias. Week not over yet? Damn! Have a bad day today! Two sessions of headakes to go.