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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: Jafco who wrote (4984)2/3/1998 8:37:00 PM
From: JACK R. SMITH JR.  Read Replies (1) of 14226
 
Jafco,

I am looking for the post where I was negative gold and positive silver. I do not seem to find it. At any rate, if I made that call, I was extremely right today! Gold down sharply, silver up sharply! Now Technical Jack will retire(VVBG). I would like to comment on platinum here. It was down today, but IMHO remains in an uptrend, so fear not! GPGI--Huumm--let me think--This stock is a technical pushover--in an uptrend but will have several down days, but not reach new lows--that is the analysis. Watch the days where it closes at the lows and then has an upward close--those are the bottoms in a very great precent of the downmoves, more than 80 percent! I should trade this sucker!

Keep the faith, this stock will reward you, and this and lower levels are a great area to buy. My advice is better than my practice. My average is above these levels, so I must be humble in taking my own advice--do what I say, not what I do!! We small investors are all alike, we buy the highs and sell the lows, right?

Retired technical, Jack
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