International Precious Metals (IPMCF) Message Board

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

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To: go4it who wrote (24034)	11/1/1997 11:25:00 PM
From: Bob Markley	Read Replies (2) of 35569

TA,... notice the double bottom on the daily chart that has now been tested. This is a buy against the double bottom , ...imo, esp. in light of the smear campaign of lies/slander by the shorts has not been able to penetrate this level. Shorts are now screwed, ... imo, very low pre-report volume, ... they are now trapped and can't possibly cover 800,000 shs except at higher & higher & higher prices. Won't take much buying and they will be forced to cover. Were at strong support now. Shorts appear to be not very smart,...imo, risking a $50 gap opening for a 1/4 of a point short profit target. When the report comes, ... price should just gap over all the resistance levels. Bob

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