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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Shea who wrote (10906)8/17/1999 1:13:00 PM
From: BANCHEE  Respond to of 57584
 
Rande
Remember a couple of weeks ago when I mentioned the large amounts
of share that was on the buy side of gold stocks, well I don't think
that those buys were for a small run that we had in gold so far. I bet
that Goldman was buying then too and we have not had a big sell
off yet..... So I would say that they still have them......
I think we have more up side to go....Also gold was up today..
Advance decline line not showing me much....
Banchee
PS..I would not be suprised to see a sell off in the Dow and Nasdaq
this afternoon....



To: Kevin Shea who wrote (10906)8/17/1999 2:27:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Spot Gold breaking out of intraday trading range here. . .just added .20 in past 2 min. . . almost to intraday high.

I am impressed with the strength.

ABX, NEM and GOLD lagging. This is going to be an interesting close.

We have entered the realm of the psychological effects of the market. . . big high-tech rallies petering out on low volume. Futures rally petering out on good inflation report.

Gold at intraday high at this moment.

Rande Is