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Gold/Mining/Energy : JAB International (JABI)

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To: Jeffery E. Forrest who wrote (1134)	11/12/1997 2:24:00 PM
From: Roebear	Read Replies (2) of 4571

Jeffery, Looks like Gary is right, bouncing off of near support at 1 9/32 just now to 1 5/16. Bids/Ask changing a lot with little movement on volume, at least on my screen. Scalpers are back or pre earnings jitters? Influence of other metals stocks, they are getting hammered again today? These bear markets are nasty, even good news like Bundesbank saying they are not and will not sell gold doesn't even tick the POG up. If we don't have a run up soon on the XAU it may mark a bottom as it is uncharacteristic for it to not have any bounces back up for this prolonged period of time. BCMD is pretty resilient relative to the POG but any bounce back up in POG and XAU would be wind at our backs. Roebear

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