International Precious Metals (IPMCF) Message Board

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

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To: Furry Otter who wrote (27072)	11/17/1997 10:24:00 AM
From: J.L.	Read Replies (2) of 35569

Furry: I was just thinking that we are only 1/2 point below the low of a few weeks ago when we hit...what 3 7/8 before the rally. Big deal!! This did provide the shorts some of the volume that they require to cover, but I don't think it is even close to being enough. those of you who were/are short and were able to cover...good for you. The base has been put in, the big question is will it be re-tested. I doubt it. These bargain basement prices will probably not hold for very long. Caution: some of the things I write today will be complete rationalization of the circumstance that we are in collectivly. Regards, Jeff L.

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