International Precious Metals (IPMCF) Message Board

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

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To: Rashid Garuba who wrote (4489)	3/20/1997 11:17:00 PM
From: Bruce McGaughey	of 35569

Rashid- Thanks for the post. These triangles just fascinate me !! I don't understand them. Don't know why they exist. But, they're there in almost every chart you look at. Stocks make big runs, they retrace a bit, go into tightening patterns on lower volume. Then, they reach the apexes.....sometimes, at precisely the exact moment in time they should....and then the price jumps. Must be something about mob psychology......but the precision is almost eery, sometimes. Now, I'm not saying that my projections WILL happen. This is just backofnapkinbeerdrinkinsittinonthebackporchruminatin' guesses. But, I'm seeing a low either Friday or Monday of 9.50, with us reaching the apex on Thursday or Friday of next week at 10.50. Then, we go up again from there. This is excluding any outside positive or negative events/dirty tricks by shorters, etc. Have I given myself enough "outs" ????

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