To: Jim Willie CB who wrote (423 ) 6/13/2002 4:32:56 PM From: Jim Willie CB Respond to of 89467 Seabridge in play, technicals rule, closed at 3/8 retrace sometimes technical analysis amazes me, despite the years when on Tuesday, SEA bounced off C$2.50, I just shook my head since I had said to two buddies that morning the C$2.50 - C$2.60 level might be roughly where 3/8 retracement would maybe show itself so let's look for a bounce there, in the middle of nowhere now today we had a low volume retest of that same level yesterday it got over C$2.90 on the strong bounce today it slipped below the retracement point, remained slipped, but closed right at the upper end of my loosely calculated interval this will be a long struggle, nay, A WAR summer is upon us, school is out but more importantly this week, OPTIONS EXPIRE ON FRIDAY plenty of volatility to be unleashed for the novice, imagine 7 guys bumping into each other, each weilding a crobar, trying to move a big heavy filing cabinet the cabinet moves a whole lot more than from simple office bumping I really dont expect the GOLD WARS to have much happen until mid-July just a jackass guess this seems like the end of the first inning of Game#1 Golden World Series the ahole Gold Cartel Cabal is not gonna roll over they instill fear in the hearts of S&P Bears currency airpockets are often seen in August that is the famous month when the Asian Meltdown in 1997 saw its first serious damage, with the near decimation of Thailand's currency and parts of its economy August is also the month when Russia prepared to default in 1998 I expect some fireworks with the USdollar in several weeks repeat after me: the Dow sucks dead farm animals !!! minus 114 A BEAR IS A BEAR IS A BEAR over & out, cooked & stuffed, stick a fork in it / jim