International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Bruce McGaughey who wrote (20127)	9/8/1997 11:51:00 AM
From: Bijan Khazri	of 35569

I think we're looking at a head-and shoulders top, with 8.00 being the "head". I think we'll see 6.00 pretty soon. Bruce, I think it is far too soon to speak of a H&S. If today we end up the day with a number very close to the opening, above or below it, the fact that it went down so much and came back, will further reinforce my conviction that we are very near to an "explosive" situation. If you go back to January, you will see a like formation, with a dip close to the rocketing. I had predicted 8 by today, and it obviously is not going to be the case, but a close near the opening will satisfy me for today. Bijan

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