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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: nicewatch who wrote (26766)	6/2/1999 8:21:00 PM
From: Roebear	Respond to of 50167

Frank, My goldbug slip must be showing , though I am simply a precious metals stock trader type, not a pure pedigree <VBG>. Here is a clue for you, though I cannot say anything with a certainty in this currently even more wacky than normal precious metals market. The XAU is beginning a pretty decent divergence from the gold price. This means one of two things. Either we are going to have a bull market in gold or "they" are shorting gold and hedging long on the XAU and/or XAU stocks. Also, if one back tested the charts with pitchforks say for 20 years, I would guess that the steeper pitchforks (down or up) would not hold into long term targets. Gold is a choppy market, fraught with reversals. Must be why I like it so <VBG>. Roebear