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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM)
AEM 173.03+4.3%3:59 PM EST

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To: Roebear who wrote (1036)7/25/2000 7:42:58 PM
From: Yogizuna  Read Replies (1) of 1612
 
Wow, the 52 week high on the XAU was 92.72, and the low: 0.73 according to the SI quote! Now I know the price of gold stocks has been tanking, but 0.73? I'll buy a million boatloads at that price!!! <g>
The previous oversold reading on the XAU daily chart produced no rally, so down we went again..... The hourly chart is now trying to set up a "positive divergence" situation, which would finally signal some type of tradeable bottom. At this point, almost everyone in America has given up on gold stocks and has sold out or wants to, and even I am getting depressed about the situation and just feel like dumping everything we own, so a bottom should be on the way..... Yogi
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