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To: Zardoz who wrote (24834)12/23/1998 8:47:00 AM
From: Jimsy  Read Replies (1) | Respond to of 116762
 
Hutch - XAU at 61.5 and falling, on the otherhand this short term trend could be tax loss selling as once again this is one of the few sectors for tax loss selling at least in Canada until Dec 24th. Tax loss selling in US was spread out differently over time this year and is over isn't it?

Perhaps fund managers just don't want this on their books again but would rather have the Yahoos.

Sure doesn't look good, whatever the reason.