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Microcap & Penny Stocks : FONR...Patent on Cancer Detection....

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To: Rob Wachowsky who wrote (510)7/8/1997 2:29:00 AM
From: Doug R   of 560
 
David,

Wow! Did you see that HUGE drop in gold today! There's a formula that Wayne Angell (former head of the Fed) developed that uses the price of gold to project the rate of inflation 12 months out. The lower the price of gold, the lower the rate of inflation will be in 12 months.

It looks like the price is aiming at 265 by this time next year. I hope you are in a good S&P fund as well as FONR.

Just think...since 1/96 until now, gold has gone from 396/oz to under 320/oz. Now THAT'S a trend to respect. I can't find the book at the moment but when I do I'll post the formula. This market is going to fly. Some may THINK it has already...they ain't seen nuthin' yet!

BTW the book to which I'm referring is called, "The Great Boom Ahead" and was written in 1991. The author, Harry S. Dent Jr., has fantastic insight and used it in this book to perfectly forecast the global economy and it's effect on the U.S. stock markets. The time horizon he deals with extends to the year 2020. The bad news is, he explains that (as we all know) all good things must come to an end. The end of this great bull run is scheduled for 2007 or 2008. But that's plenty of time... I've read this book 3 times in the last 18 months to gauge it's accuracy.
The only deviation is that the trends are a bit stronger than the author forecasted. But reading between the lines I can tell he was trying to bridle his enthusiasm.

Oh, FONR, right...The 3 day RSI is still doing that wonderful slow creep up above a value of 90. It's got no choice but to go up again Tue. How 'bout that FONR!

Doug R
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