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Gold/Mining/Energy : At a bottom now for gold?
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To: Alan Whirlwind who wrote (784)10/1/1997 12:49:00 AM
From: Jim Ilchyshn   of 1911
 
Alan,
Looks like it. Took profits on my silver futures and bought some
gold options. I was at the resource conference in Calgary on Monday,
and you could sense the excitement as silver broke through a key technical point. Highly respected technical analyst Ian McAvity said that gold had formed a saucer bottom and was ready for the big move.
The shorts will be scrambling. Don't be surprised to see a $25 to $50 day in the next couple of weeks.
Good luck,
- Jim.
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