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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: Ed Pittman who wrote (8853)	3/26/1998 10:44:00 AM
From: bobby beara	Read Replies (2) of 116753

Ed, bonds, stocks (equities just began wave 4 of 5 imo, and the Dow 9000 party made this a done deal, put away your party hats for a while -ggggg-) and the dollar weakening here, I think XAU is finding a bottom here (roughly 50% retracement of wave 1 up), and I think Wave 2 is bottoming here. IF my thesis is correct, wave 3 will be a 150% move of wave one that will put us at 84. Time is running out -g- (to get in if I'm right) Buy into Fear, Sell into Greed Don't discount this MAJOR announcement of the Millenium Coin. This will be a big HIT and put a major dent in Gold supplies (they'll be re-opening lots of them closed mines soon IMHO) bwdik Utility Index gone parabolic in it's last leg up since March 5th: iqc.com view in week mode to see the paraboli.

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