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Post# of 704041
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Zeev Hed

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Zeev Hed

Re: Jerry Olson post# 89884

Friday, 03/21/2003 1:27:32 PM

Friday, March 21, 2003 1:27:32 PM

Post# of 704041
In edit, and back in ERTS at $59 flat. INTU does not want to go much under $39.60, got back in here at $39.59...

Not a bad call, but will you be buying here on the breach of $332, is this the swoon down to $320 we discussed from where another ramp will occur? The question is really how is our trade balance doing, and thus what will be the future direction of the dollar? I think Iraq is the excuse, but the dollar weakness should reestablish itself unless the balance of payments start to reced below the $40 B monthly and by a lot... So I am actually bullish on gold here.

Zeev


AZH

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