Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: dennis michael patterson who wrote (28851)	9/24/1998 10:55:00 PM
From: bobby beara	Read Replies (1) of 94695

Dennis, I am very bullish on the XAU. ABX just broke out of an inverted h&s pattern which points to it's October 97 high. I think that this rally was meant to capitulate and wear out the shorts (it did me -g-) and get everybody perma-bullish to throw all their money back in, so we could commence the next down leg. Tell mom that cash is king, but her $USD have been losing value for weeks now and gold will soon take over the thrown. bb

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