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Non-Tech : The Woodshed

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To: SwampDogg who wrote (22248)	2/21/2005 5:21:12 PM
From: baystock	Read Replies (1) of 60899

> In the late 1990s he wrote that gold would probably set a low in 2000-2001.< I thought Prechter has been and is still calling for a new low in gold since the gold bull market got underway in 2000-2001 >Have fun with your DROOY.< I'll try to, but you certainly are having fun kicking a guy while he is down <g> Roffey on DROOY: gold-eagle.com >The gold price bounced off the $410 level that I detailed in the last issue. I need a price above $430 to trigger the next upside count to $485. I note that DROOY bounced off its $1.21 low to touch $1.55 for a 28% bounce. Suddenly all the DRD critics were noticeable by their absence last week. My analysis indicates that DRD has bottomed and should move back into a long term bull trend. Any minor pullbacks should be used as buying levels.<

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