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Gold/Mining/Energy : Standard Mining, ( Formerly Quest International )

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To: Robert J Mullenbach who wrote (218)10/25/1999 9:39:00 PM
From: Robert J Mullenbach  Read Replies (1) of 462
 
Scenario 2: POG breaks below line I ($303.3) and proceeds to test support at line C
($290).
XXXXXXXXXXXXXXXXXXXXXXx

Everything hinges on what gold does this week, and perhaps next week too. And
also on a weaker Wall Street. The Dow in ozz gold is in an unstable chart formation,
but with the potential to move sharply higher while support at about 31.7 holds. A
break below this ratio ? which would require a combined move in excess of 8.7%
through a lower Dow and higher POG (from 10470 points and $302.4) to break
below the megaphone at line M. This combination of developments- weaker Dow and
rising POG ? has a time window of not more than two weeks to materialize.

Interesting times ahead!

gold-eagle.com
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