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Frank Pembleton

09/09/03 10:34 PM

#1003 RE: Frank Pembleton #1000

You know you guys, I'd be completely remiss if I didn't caution y'all on one of the possible underlying short-term reasons for this move in gold.

Look at the date! We are only hours away from the 2 year anniversary of the WTC attack. The questions we should be asking ourselves are; is gold moving up in anticipation of a terrorist attack? Are the markets moving down for the same reason? What are the odds that they (the terrorist) pull something off? What if I was short on the QQQ (amarksp?) and there are no attacks at all-- would I be creamed in a relief rally the very next day?

...and what about gold?

Regards,
Michael........................................................