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

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To: Richard Mazzarella who wrote (20137)9/8/1997 3:10:00 PM
From: Rock Doctor   of 35569
 
Richard: I simply think that the market is telling us "hey, here's another announcement deadline that's passed without a peep from the company, it's a gimme for the shorts". Others here on the thread seem to think the same ...

My quick-look TA says that a bounce off the 6-6 1/8 range still preserves the uptrend that we've been in over the past few weeks. Much below that, well, it's back to $4 IMO (and back to averaging down territory for me)

Sorry P2, I don't agree with cutting IPM the entire month of September worth of slack. If they and BD needed more than 30 days, they should learn to count and estimate better. There is such a thing as a "safety margin" - they should use it.

OK, no more heat from me until the end of this week - I'll be damned surprised if they don't speak by then ...

Rock
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