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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Furry Otter who wrote (21967)10/9/1997 10:21:00 AM
From: Bob Markley   of 35569
 
<< I think the stock will get pounded in the next week, >>

Could not disagree more, ... IMO the 'Pubic' has largely been taken out with their so-called 'stop loss' orders being hit below the two obvious swing lows of 5.4375 & 5.00 . The shorts are still very short as evident by the most recent scare tactic. Assuming that the pubic is no longer a major source of supply of shares to cover with , ...the 'panic bottom' is now in.

Bob
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