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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Proud Deplorable who wrote (21456)	11/23/2004 2:25:18 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 314090

I see nothing but normal market action for now.

To: Proud Deplorable who wrote (21456)	11/23/2004 3:15:11 PM
From: goldsheet	Respond to of 314090

"Some of the recent euphoria has been due to last week's launch of the StreetTRACKS Gold Trust" "The last time there was a high-profile event in the gold market was back in the spring, when the Gold Bullion Securities ETF was launched" on the London Stock Exchange, Panzner said. "However, that event marked an important short-term top in gold, and the price of the metal proceeded to fall sharply in the five weeks that followed." In the three weeks before Gold Bullion Securities was issued on March 31, the price of gold rallied about 8% to $423 an ounce. By May 10, it had fallen to $375. "Given that gold is overbought ... last week's big event [could] turn out to be a case of deja vu all over again," he said. FULL: thestreet.com