International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Daniel M. Whipple who wrote ()	11/21/1996 2:05:00 AM
From: Bruce McGaughey	of 35569

Back on line again after a bout with, maybe(?), a computer virus. DL'd a file from AOL and I lost DOS and then my directory structure. All is okay, now, though. Always remember....backup your important files !!!! (There's a real neat shareware program out there called "My Backup". Download it and use it. Works great and it's easy to do.) A word about the XAU and then about IPM: The XAU rallied nicely on Wed. Appears that it pulled back to a 1/3 retracement and then turned and resumed it's rally. Same pattern with IPM. Went from 2 to 3. It has come back to 2 5/8. That's about a 1/3 retracement, too. Should hold here and turn back up. 1/3 retracements are common. Sometimes, they're 50%. All looks good.

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