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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: kirby49 who wrote (2584)	3/20/2002 11:13:07 AM
From: TrueScouse	Respond to of 39344

Bob: You're right. It's an unusual formation (the V bottom), but let's assume for now that it might have happened! If you take a look at a monthly cash chart for the POG, you see a much nicer double bottom (sounds quite erotic, but I'm talking TA here :^) The first low was $252.80 in July/August 1999 and the second was $255.90 in April 2001. So I'm hoping that the next great bull market in gold started almost a year ago! But, IMHO, that won't be confirmed till we get a monthly cash close above $326. This is a great thread. Lots of interesting perspectives... I really should get some work done! Regards, Howy