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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Bruce McGaughey who wrote (4477)3/20/1997 9:30:00 PM
From: Rashid Garuba   of 35569
 
Bruce,

That is exactly the "imaginary" triangle I thought IPM was building.
$11.5 may not be the current high though, it COULD (unlikely) still continue up. The triangle is symmetrical though. But based on what's due next month, the breakout should be up. I cannot pick specific days though. As the breakout gets nearer, it should be easier to predict, as long as there is no news. The more compact the triangle, the greater the breakout will be. And the breakout should significantly rocket past the high ($14).

Keep our fingers crossed!

Rashid 1200 long aching for more
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