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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 (1035)7/24/2000 8:26:24 PM
From: Roebear  Read Replies (2) | Respond to of 1612
 
Robert,

No imagination about it, AEM is holding well. I will have to see if I can find any Big Bad GOld Miner Wolf footprints on the charts.

My targets on XAU are 49 and 45 and I will be happy if they are hit, especially if one of them holds, ggg!

RSI on XAU is very very low.

KRY is holding very well also, a good speculative play with good fundamentals, IMHO.

I hope I am free when this XAU rocket is launched, the lower it goes the higher it flies!

Best Regards,

Roebear



To: Robert J Mullenbach who wrote (1035)7/25/2000 4:35:21 PM
From: Yogizuna  Respond to of 1612
 
I'm surprised that no one has taken over AEM yet, but that could be because everyone and their great grandma-ma (including other mining management) is so used to gold stocks almost constantly moving lower, that they are hoping to pick up the company and it's great property at an even cheaper price. It's like a game of "chicken" for some of these folks, daring the gold price to go higher before they are willing to make their move.....
Meanwhile the daily chart on AEM continues in deeply oversold territory, begging and pleading on it's knees for some kind of rally soon. <g> Yogi