International Precious Metals (IPMCF) Message Board

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

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To: Donald Watson, Jr. who wrote (4591)	3/22/1997 11:29:00 AM
From: Bruce McGaughey	of 35569

Good idea, Don. But, actually, I don't think we can buck the power of this triangle. Don't laugh !!! These things are whacky !!! They really have to go to the apex, which I see as late Tuesday or sometime Wed thru Fri. Yoy saw how we dipped to 9.25- 9 3/8 yesterday and then finished at 9 7-16. The low yesterday was the lower line of the triangle. I want to caution everyone, though. As I said yesterday, The only time the triangle pattern will be violated is right before the apex when you get a brief sell-down .......then when it reaches the apex, it moves up. So, you may see us move down to 8 7/8 or so briefly on Monday. Then, when we reach the apex, we should turn and blast off.

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