The Naked Truth - Big Kahuna a Myth Message Board

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To: Bonnie Bear who wrote (37261)	4/29/1999 12:35:00 PM
From: John Pitera	Read Replies (2) of 86076

Bonnie, Very ironic, not all mythsters are sanguine about gold 127.0.0.1:3456/SI/~wsapi/investor/reply-9213606 from earlier Gold, I am worried that we may see a decline down to 250 in the next 3-5 months, short-term we have a rally underway especially in the xau. I don't think that gold will get over 300 an ounce before testing the 279 low of Aug 1998 I don't like this downtrendline it has to deal with on the dp chart decisionpoint.com the london gold fix has had 3 horizontal bottoms this past year and there is a good chance that this is a ledge that gold can fall off of and head lower. I am being a bit of a contrarian to the relative bullishness I have been hearing....sorry gold bugs.

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