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

To: jackjc who wrote (2620)	3/20/2002 5:48:06 PM
From: marcos	Read Replies (1) \| Respond to of 39344

stockcharts.com - there's a pennant sort of shape developing here, see how the PoG bounced off its 50-day at 289.90 there, well that level was just about exactly a .618 fibonacci retracement of the move from 278 to 308 ... now it's hovering around the .50 mark of that move ... lord only knows about the future of gold, but i figure this little triangle is more likely to break upwards than down Eva - i agree with vt, Claude, russ - no reason for mfl to seek out that 2.30 financing level, more likely the opposite imho, now that they've got bucks they'll leverage 'em ... depends on intentions of those taking down the paper of course, but i think attention spans are generally lengthening in this sector [edit] - USD - stockcharts.com - hasn't broke its 200-day but looks like it might