Global Platinum & Gold (GPGI) Message Board

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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

GPGI 22.13

-5.9%

3:59 PM EST

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To: Zeev Hed who wrote (2305)	3/23/1997 8:58:00 PM
From: Jeff Williams	of 14226

Zeev: I don't follow the other stocks you mention, but I do note that GPGI is resting on the lower Bollinger Band at $2.50, which also has support from some previous peaks. Stochastics is very oversold. My sense of all this is that we may not see much of a break from here, if any, especially if there is news out this week. I'd be interested in this threads TA guru, Mark, for his reading of the chart. Global seems to react to its own fundamentals and the occasional news from Jensen more than what moves the market in general. I think it is too unknown to fall on a general market break. The fact that this weeks movements were all on low volume does not concern me. Some day soon we're going to get an announcement that the "metal in INDEED on the table," and I want to be long the day that happens, because I think it will be unbelievable. I must say though, that waiting for that day is giving me a hole in my gut where my stomach was formerly. Regards, Jeff

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