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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

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To: Money Maker (MM) who wrote (1666)4/3/1998 10:27:00 AM
From: bobby beara   of 34075
 
Welcome MM, nice insights and comparisons.

MINE Chart check:http://quote.yahoo.com/q?s=MINE&d=3m

After last weeks correction in MINE, we have been locked in a tight trading range indecision pattern between 11-13 cents on low volume (I don't count 15 cents because of the big spread). This shows that bearishness on this stock is very weak at 11 cents and shows a firm foundation there. Volume has been high on accumulation and very weak on distribution.

POG pushing up against resistance and looks to break out within days. We are entering in a very speculative phase of this market and I expect MINE to fully participate. Bad news like last Friday, is forgotten easily in this market.

good luck,
bb
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