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To: Tom Trader who wrote (4552)9/24/1998 2:08:00 PM
From: Stoctrash  Read Replies (2) | Respond to of 44573
 
>Fred, any indication as to why the XAU is so strong??

I dunno...the DXY is weak.
Maybe cuz I bought more yesterday and they feel sorry that I got stopped outta my SPX short at the same time?? <ggg>

>I have a close at this level as being over the 200 dma?? What do you show

Remember my data is not so hot...I have it at 73.87

BTW...you said you wouldn't add till it was above the 200 dma....just reminding you :-)



To: Tom Trader who wrote (4552)9/24/1998 2:12:00 PM
From: Suresh  Read Replies (1) | Respond to of 44573
 
Hi Tom,

heard on CNBC that the bailed out hedge fund was short gold... so now the whole world probably knows that they need to cover and are buying gold... maybe.

Later,

Suresh