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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Phil Jones who wrote (44012)10/27/1999 8:39:00 AM
From: Casaubon  Read Replies (1) | Respond to of 116816
 
the new uptrendline support line has not yet been violated, even though the gap up has been filled.

securitytrader.com

I'm going to hold a little while longer, to see how that support line works.



To: Phil Jones who wrote (44012)10/27/1999 8:41:00 AM
From: Ken Benes  Read Replies (2) | Respond to of 116816
 
It aint over till it is over. Well it is over. The amazing thing about a gold bug, when it is over, they can find a reason to be optimistic. The email's from Bill Murphy went in the span of one week from Tora, Tora, Tora, to dribble, dribble, dribble. Each collapse in price is reason to celebrate a bottom with an imminent move up. It aint going to happen, we might see the low 300's but that is it. The hand of the enveloping pincer has engulfed its dick and that is all. If anything, the gold market will be weaker and less followed as will the gold stocks, as the recent rally will become more widely viewed as a fake out with the cb's, and bankers having an infinite array of tools. Squeezing gold out of kuwait, delaying margin calls, and just plain bullying the market.

Ken



To: Phil Jones who wrote (44012)10/28/1999 5:43:00 AM
From: d:oug  Respond to of 116816
 
Phil, here i is 25 hours since your<<$300+/ounce was just a blip>>

and the blip'ing is now burp'ing upwards at this moment 5 am est.

the following Aug - Oct gold chart for present year

quoteline.com

and that was some blip from 250 to 300++
and as Bill Murky has commented about this sudden movement

"It didn't happen because the chicken crossed the road."

doug