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

To: Roebear who wrote (1067)	8/6/2000 7:07:00 PM
From: Robert J Mullenbach	Respond to of 1612

<I have few worries at these price levels for AEM!> I AM WITH YOU. I am about to bet the Ranch on this baby. with new production, somebody is waiting to steal OUR GOLD. More latter. I am going to shoot the Moon. at 5 1/2, what a buy , IMO

To: Roebear who wrote (1067)	8/7/2000 7:47:17 AM
From: The Ox	Respond to of 1612

Hi Roebear. XAU - From: Message 14169711 The XAU & Gold continued getting pounded as it appears we are in a phase of final, throwing in the towel capitulation. The problem with this is that there is no way to tell how far it can go. Last week’s selling climax on the XAU was an initial sign that a bottom is close, but it was not too strong and we’ll be looking for more of these and other signs that the selling is over before getting too confident. We stated on Tuesday that "the potential for testing major support at the 8/31/98, 48.73 all time low remains close at hand, and the selling climaxes are not in themselves enough to rule it out." This is even closer now and seems like the markets are now going to happy until it is taken out. A new P&F buy signal would be given with a rally initial resistance at 55. A move to 56 would now suggest the bottom was in. Next resistance is at 59 and then at 64. This would be significantly bullish. Higher resistance is at 69. It seems to me looking at the weekly XAU chart that the current downtrend is significantly different from the last time the XAU made a major low. The trend has been much more steady, whereas last time there was a spike down before a snap back rebound. siliconinvestor.com Any thing we should read into the more steady down trend as opposed to the previous quick dip and reversal??