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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 33.52-0.1%4:00 PM EST

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To: long-gone who wrote (143)9/27/1997 1:00:00 AM
From: saul mikaliukas   of 300
 
Richard and All Have no Fear....

Eco's technical position has improved tremendously over the last few weeks, as well as the gold market. If you look at the XAU and other
gold indexes you will see very excellent technicals. As far as the mini S&P's they have been trading now for a week or so. The new contract you are mentioning is the Dow Jones Contract that starts trading on Oct 6 or there abouts and that would not affect the performance of ECO or the major gold stocks. If you take a look at ECO's weekly chart, you would see a pretty good bottom in place and if
gold takes off the next few weeks it should do very well.

Good luck to all!!!!
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