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

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To: barb loucks who wrote (26053)11/14/1997 1:31:00 PM
From: Lew Green  Read Replies (1) of 35569
 
<<Hi Lew, I can't help but wonder if we would have a very different, upward trend today if the gold market wasn't getting hammered so hard.>>

I agree -- I loved Grasso's post which I don't take seriously. This AM, the shorts sense IPM being behind release expectations after anticipation rallying and so they hammer the stock down a little, and then go "The stocks going down, news _must_ be bad..." -- of course you never hear the opposite from them when the price turns around.

Lew

PS... Don Watson, sorry but I disagree. Sadly, all to often and most of the time, the shorts are people who make things happen.
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