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

To: NOW who wrote (4775)	4/23/2004 4:00:32 PM
From: blind-geezer	Respond to of 60911

siliconinvestor.com HUI has been decisively under the 20 period MA since early April on the 60 minute chart ...

To: NOW who wrote (4775)	4/23/2004 4:31:49 PM
From: nspolar	Read Replies (1) \| Respond to of 60911

Wow! Biggest shift in a long long time.

To: NOW who wrote (4775)	4/23/2004 5:45:52 PM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 60911

More important IMO on the gold CoTs is that the commercials increased their long position istead of merely balance the runaway of the spec longs. Biggest drop in OI was in the session of Apr 15, after the big drop in prices. As both prices and OI are relatively flat since then (total OI is 250k), I suspect the commercials made a "deal" instead of calling for margins the specs couldn't meet anyway. IMO, there are still some longs to grip. Expecting a rebound in PoG prices with a risk to 375-385 first to get total OI in the 230K area. Then lather, rinse, repeat... I must be in the wrong business. <vbg>