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Abbott Laboratories Message Board

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  • pershing832003 pershing832003 Apr 18, 2006 5:49 PM Flag

    Gold

    DJ quotes as gold on a rampage:

    "We've just broken out of a range and everything has been technical since,"
    said one trader. "All of the funds continue to get in. Commodities are still
    pretty hot." A trader.

    Market watchers also cited momentum-based buying, with limited selling. Also,
    added Don Tierney, precious-metals analyst with Pell Futures Corp., many
    participants are content "to ride their profits until the picture changes."

 
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