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Thursday, August 26, 2004

The site is having difficulties today. I'll make it brief. Dow barely moved, down 8 today. Volume extremely light. Gold was off a dollar, the XAU down around a half, both NEM and ABX down some. Light volume with the exception of ABX. The volume there was better than average and to the downside. I'm not liking that. The calls I own are right where I purchased them. If we keep the lackluster action of late up, the time premium will erode and this will be a losing position. Until tomorrow...

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