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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.04

-1.4%

Nov 17 4:00 PM EST

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To: Gabriela Neri who wrote (8612)	3/20/1998 6:33:00 PM
From: bobby beara	Read Replies (1) of 116762

Hi Gabriela you and the rest of the thread are about the smartest money there is. >>>I know this sounds like I'm nuts, I kind of think the dow could see 6000 sometime this year<<<< My number is 5300 by early summer. Remember Denver won the Superbowl, all the BULLS have forgotten that -g- CHECK THIS OUT! XAU MASSIVE HEAD & SHOULDERS REVERSAL PATTERN Gold is going to CRASH UP within 2 months. iqc.com Copy the above chart and flip it 180 degrees and rotate 180 degrees and you can see the shoulder made in 1997 and the head we are in the process in completing. (note I am describing this chart as if it were upside down) Head and Shoulders patterns of this magnitude (note vertical nature and length of head and neck) do not form rounded tops. The first dip is bought and bid back up before the final crash. I feel we are in the first dip down and next week we will complete the first dip to 79-84 area. That spike will resolve in a suckers rally (bear suckers in this case) to a possible double top at 62 before crashing or a 50% retracement to 73 before crashing. (I'm leaning toward the latter) XAU TARGET PRICE 150 by early summer. Compare these charts. lowrisk.com We're not in Kansas anymore folks! Make sure and get some non confiscatible physical gold and silver. bobby

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