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basserdan

09/12/03 5:22 PM

#150948 RE: longdong_63 #150926

PM's closing on their LOD. Looks to carry into the Monday open at a minimum. Think perhaps we need 365 gold before 400 to reset. Any thoughts?
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ld,
As I told opnion and mlsoft earlier this week, it would take a close over $382 to get my near term juices flowing...... <GG>

#msg-1413135 and #msg-1413918

As it turned out, 382 wasn't breached on a closing basis and unless we rally back into the 380's by mid-week, I fear (laughingly) that the mega enormousness of the gold futures/options OI numbers could exaggerate any ensuing downdraft to seek the low to mid $350 level