Hecla Mining(HL) Message Board

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Gold/Mining/Energy : Hecla Mining(HL)

HL 14.57

-3.0%

11:52 AM EST

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To: Terrence Von Holidae who wrote (323)	4/5/1998 12:20:00 PM
From: dwight vickers	Read Replies (1) of 629

Terrence, Great day for HL and BMG, not to mention the XAU on Friday. I'm waiting for a blowoff bottom in Japan before I start committing money. Could be this week. I'd love to see another test at 14,000 on the Nikkei. Real economic reform such as major stimulative tax cuts could unleash their economic power, which is potentially massive. Failing that, a break of support is not out of the question. But a nine year bear market will have to end at some point, either way. Sentiment here is deteriorating. Investors Intelligence shows bulls at 53.2%, bears at 22.6%. Correction numbers at the very least. Much higher and we'll need a full fledged bear. Insiders have been selling heavily as the Feb. numbers get reported. I can't imagine it improved in March. The next couple of weeks should be interesting. I am also on "top" watch. Love to see an old fashionedblow off here. Regards, Dwight

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