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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 (1147)9/19/2000 9:49:36 PM
From: TATRADER  Read Replies (1) | Respond to of 1612
 
roe, I am looking for maximum downside on XAU of 45.00...The pattern is basically 55 by 50, so it speaks of maximum of 5 points to downside...I am out of NEM at scratch, same with PDG, only gold I have now is AEM....And if AEM heads back to 5.50, I will be underwater for a time....Plan to reload on NEM at 15.50, should it break 17.00 convincingly tomorrow...Still holding to belief that we could do a quick dip down, and then reverse violently to upside...My fast stochastic 8 period is giving the second zero reading, and my 5 period commodity channel has moved above the -100 rating, so I have hope yet for a reversal to upside tomorrow....Take care, and looking forward to one of the most explosive gold bull markets in history...History repeats itself, and I've waiting a long time for it to happen with gold...as others have...