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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM)
AEM 175.58+3.0%3:39 PM EST

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To: Robert J Mullenbach who wrote (592)12/7/1999 8:35:00 AM
From: Michael July   of 1612
 
Robert,

From the XAU chart you provided the pennant formation has been broken to the downside. Could easily make a quick spike down to the 58 level where there looks to be very good support. A rally looks to be just around the corner but don't know how long it could last. $300 gold will be met with lots of selling.
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