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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.75

-0.5%

4:00 PM EST

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To: Terry Rose who wrote (12482)	6/1/1998 9:55:00 PM
From: bobby beara	Read Replies (3) of 116791

Terry, I think you are exactly right. I was looking at the charts and if we hit my 68 target tomorrow, we will have the same price (about 15 points) and time frame move (7 trading days) that lead into the Jan 12th low. I would just continue to average down, in this most despised asset class that has been around from the beginnings of time. Greenbacks are easy to come by, just fire up the presses. Nuggies is a lot more work. The tide will turn and we will have a big kahuna in Gold. Gold is up in just about every currency on the planet and in SEA it's up BIG, it's only a matter of time. Don't frown, just average down -g- bobby b

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