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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Anne Lamb who wrote (25584)11/12/1997 10:13:00 AM
From: Bob Markley  Read Replies (4) of 35569
 
As always another exceptional article by RON STRUTHERS.

Ya'll, ..as the shorts cover we could very well see a series of 'multiple gaps' as the stock gaps each a.m. to either the prior high OR the prior close. This buying is caused by margin calls to the shorts being answered in the morning by the brokers.

Look for min 3 days and upwards to 5-8 upswing days BEFORE hitting a short term profit taking swing top. A lower high is another sign of a temporary swing top.
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