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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: crustyoldprospector who wrote (25702)1/16/2003 11:09:13 AM
From: scotty  Respond to of 36161
 
some gold TA trivia...In 1986, gold broke thru $340, and touched $480 nine months later....In 1993, gold broke thru $340, and touched $400 three months later....The present rally resembles the 1985-1987 rally, gold bottomed in 1985 @ $280, taking 16 months to break thru $340 (it was off to the races then)...Gold bottomed @ $250 about 20 months ago, and has since broke thru $340...I think the recent rally thru $340 is very bullish....scotty