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Gold/Mining/Energy : Gold's Six Month Base Near Completion

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To: Crimson Ghost who wrote (56)6/4/1998 10:45:00 PM
From: Bill Murphy   of 94
 
Hi George,
I do not know if I can keep up with you in the future but I must tell you that I appreciate your insight and high degree of intelligence.
The contrary indicators are everywhere and your Kitco comment is very much in line with what I am ranting about. We have a major league set up here. The shorts could really get bagged.
Re Comex volume. I view it as constructive at this point as all recent bear attacks have been repulsed. Besides, the Comex guys are all the computer funds. The big boys operate on OTC. No reporting requirements, etc. I believe it is 5 to 10 times bigger than Comex. Thanks for the comments.
Your optimist and hopefully pragmatist,
Bill
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