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Zeev Hed

04/13/04 8:25 PM

#230274 RE: onesevenus #230271

I am still assuming the recent low in gold (some $10 under $400) will hold. I may double up for a short term on one or two more positions if unusual bargains are offered (like NEM around $40.5), but that is about it, then I'll wait for the dollar run to subside and gold to climb back up. Initial profit taking is planned, as usual, at around $414/18 on Gold, and I'll leave some minor plays in case we have another run above $424.