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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Jack Sman who wrote (12723)6/20/1997 2:21:00 PM
From: John Wetterau   of 35569
 
Dunno, Jack. Everytime I try to figure out the MM shorting strategy I get a headache. It seems as though there is big money soaking up everything for sale in steady chunks. 7 was the floor a few days ago, now it seems to be 8. Who is selling? If it is MM shorting, they are digging themselves a bigger and bigger hole. Some selling is from traders taking profits, no doubt, but who knows how much... Confusing. Seems like a strong close coming up.
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