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Andy R

08/10/06 10:15 AM

#16479 RE: ItsAllCyclical #16478

Re. NG looks like a good strategy. Pretty much a stalemate here with ABX bid clearly low and taint of ABX trying to get out of its responsibilities to earn share. The pride of ABX makes it liley they will raise bid substantially as if they walk away what do they buy. Anyways lots to follow there.

Presently all trading $ in cash as this news overnight knocked GLD out of its triangle, don't like any unceratinty at these levels.

Andy