Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) Message Board

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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM)

AEM 197.54

+1.6%

10:17 AM EST

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To: Robert J Mullenbach who wrote (436)	10/3/1999 1:36:00 PM
From: Robert J Mullenbach	Read Replies (1) of 1612

Starting count up. #1 , first week of Friday afternoon fix over 300. I will keep up the count of weeks, of over 300 on fix. gold-eagle.com Scenario 1: POG finds resistance at line C on Friday, 1st October, and consolidates below $300 before a new trend is selected. Scenario 2: POG breaks above line C ($291) and proceeds to test resistance at line B ($321), consolidating briefly before breaking higher. Preference: Given the extent of the bear trend and the possibility of a 50% retracement before new consolidation takes place, line B is the more likely candidate for the consolidation to take place. Note that line B is the center line of the bear channel and should be significant resistance. Scenario 2 is therefore selected. I look for a close over 9, this week, and hopefully a close over 10 by Friday. going out on the limb, happy treading. calls looking good, IMO.

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