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To: Tom Byron who wrote (6240)	6/10/1999 4:51:00 PM
From: long-gone	Respond to of 81092

But today, with bigger % of folks in index funds, the lack of gold funds available to most people, lower number of XAU members in S&P and anti-gold hype, just don't understand how anyone can read anything from T/A of XAU.

To: Tom Byron who wrote (6240)	6/10/1999 5:38:00 PM
From: Jim McMannis	Respond to of 81092

RE:"remember what happened during oct 87 to the gold stocks??".... Sure do...but the chart patterns are dissimilar up to now. Jim

To: Tom Byron who wrote (6240)	6/11/1999 9:08:00 AM
From: Enigma	Read Replies (1) \| Respond to of 81092

In October 1987 the gold stocks had had a large run up - I remember being in my broker's office and looking at all the charts and they were showing the same sort of upward patterns as most other stocks - and not acting and kicking myself later for not seeing the signs. We don't have the same situation now - the opposite in fact, and I would expect gold stocks to act contra market this time if we have a sharp decline - not forgetting margin calls of course. d