International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: TrueScouse who wrote (235)	10/28/1996 2:29:00 PM
From: Bruce McGaughey	of 35569

Listen to my two buddies, pickin' on me !!! Yeah, I agree that nothing could be better than some positive news from IPM. That's a given...and how !! But......wouldn't you rather have a rallying gold market as a back-drop for a positive report ??? Sure you would....and how !!! On the negative side...we dropped a bit today. In looking at the 3-month chart, I see this as THE last good buying opportunity. I kept looking for an ask price below 2 7/16 all day but haven't seen it, yet. Bid price has moved all the way down as low as 2 1/4, though. As I said before, I think we're in a triangle here and approaching the apex of that formation. Typically, you get a sell-off at this point. Hope so !!! Then, you go higher. (yes !!!!)

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