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To: John Pitera who wrote (8731)8/4/2000 8:50:03 AM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
John,

I am going on the bid for that puppy. -g-

I can not find the XAU chart that I have seen a couple of times. While looking, I did read we can expect a bounce at 46 though. I ain't waiting around to find out. I mean, if it goes to 40 I might be buying, but I am not hanging around for the decline to that level.

BTW, the exact '98 low was 48.67, but 50.25 makes more sense as support from that period. We broke that yesterday. The little bear-flag we broke out of measures well below the 48 area; somewhere around 46 I make it.

--Allan



To: John Pitera who wrote (8731)8/4/2000 9:05:26 AM
From: Terry Whitman  Read Replies (3) | Respond to of 436258
 
Won't matter. It will be crushed with the whole industry as the POG keeps marching on to it's appointment with $200.

Of course we could just turn around right here- but it is very hard to have any faith in that scenario.


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