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Gold/Mining/Energy : Agnico-Eagle Mines Ltd. - AGE (U.S. AEM) -- Ignore unavailable to you. Want to Upgrade?

To: Robert J Mullenbach who wrote (592)	12/7/1999 8:35:00 AM
From: Michael July	Respond to of 1612

Robert, From the XAU chart you provided the pennant formation has been broken to the downside. Could easily make a quick spike down to the 58 level where there looks to be very good support. A rally looks to be just around the corner but don't know how long it could last. $300 gold will be met with lots of selling.

To: Robert J Mullenbach who wrote (592)	12/7/1999 10:02:00 PM
From: Robert J Mullenbach	Read Replies (1) \| Respond to of 1612

So you want to sell your Gold Stock, better read this . the-privateer.com The catalyst that pushed Gold down to its downtrend line (and below it long-term Moving Averages) was an announcement by the Dutch Central Bank of plans to sell 300 Tonnes (9.645 million oz) of Gold over the next five years. This is a non-event. The European Union has already announced plans to sell 2000 Tonnes over the next five years. This was simply the Dutch part of these plans. However, Gold's bounce today is NOT a "non-event". Two highly important technical support points (the Moving Averages and the post-1996 downtrend line) have proven their effectiveness in quite sterling fashion. Here for the long term, I was just lucky to get some at 3