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lemming

07/31/02 3:44 PM

#10219 RE: Koikaze #8902

Fred,

I was pretty impressed by Zeev's prediction of gold's fall at the end of the Nassacre, especially in light of his own expressed lack of experience with gold. I would probably weigh his opinion on gold's short term direction more heavily that to many of the self-proclaimed gurus of the yeller stuff. I am looking to re-enter gold stocks, but will likely wait to see what this rally does.

Monday's follow-through, albeit weaker on volume that I'd like to see, confirmed the current rally. I went mostly 200% long Tuesday (RYVYX with some QCOM and INVN), but will exit and lick my wounds if the rally breaks below last Wednesday's low.

-David