[jwh_Denver]

not to mention the shorts possibly bailing..

Same here ima. Your reply helped me to understand what you were really saying in your earlier post. I agree with you.

I would think that the shorts that haven't bailed by now are the ones that can't even though it will only get worse for them. There is also program triggers set for when gold closes over 354 in NY which will add to your stampede. Either way it will happen and I think sooner than later.

[Cicero]

For those interested in taking a flyer, Maund has a new column today on Vista Gold, with some interesting charts. It's at:

http://www.321gold.com/editorials/maund/maund010603_vista.html

Today, AEM and GG are off slightly, probably because they are better known stocks and the amateur gold bugs who bought them are getting nervous. The other stocks I'm watching are all still up a bit, even after last Friday's orgy.

Recently gold has often been weak on Tuesday and Wednesday and strong on Thursday and Friday (a good sign that people are confident enough to hold stocks over the weekend) so there may be a dip and a buying opportunity tomorrow.

[imawit]

Just looking at the charts, there seems to be something about the $352-355 area going on. How did you come up with $354