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Gold/Mining/Energy : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?

To: Nexus who wrote (824)	5/13/2000 6:55:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 1907

Nexus, I can only say that TA is wrong sometimes. The fact is that, despite technicals that are not yet bullish, FGX cannot move to $2-$3 because of the fundamentals that you know. The facts are also that PFG could easily move to $2-3 once the first drill results are published, despite positive intermediate term technical trend. The reason is, as you said, that TA is a good gauge of investor sentiment though. But investor sentiment exist only when investor is watching. Here comes my argument that the intensity (or lack of) promotion and market exposure has a major effect on short term trends. This may cause the stock prices to temporarily be out of synch with the fundamentals.