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Re: Frank Pembleton post# 16782

Friday, 09/22/2006 3:30:16 PM

Friday, September 22, 2006 3:30:16 PM

Post# of 19037
Guessing a number of traders still on the wrong side of the trade and being forced to liquidate. Nothing FA wise justifies this big of a move this fast other than forced selling. OPEC can still play the 'cut' card. I'm not buying more today, but another $5 down and I'll probably add more to USO. Staying away from PMs a bit longer till they act better. Still better than 50/50 odds imho that we make new lows in gold in the next month.

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