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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (23154)	10/24/1997 1:46:00 PM
From: Lew Green	Read Replies (1) \| Respond to of 35569

<<of your prior posts suggested>> No, no, no... not my intent. Was it Hogan's heros? "I know notink!"... Please do not use the words "we are being told" in conjunction with my posts! I am not preping, hinting or seeding anything for anyone. Period. Look how little I post. However, if you read carefully, I believe my "really slow" comment indicated the week after this one -- but no one should read into that! I am only speaking generally about my research on turnaround time from high-end labs -- which I bet is what we are using (but do NOT know which ones)... I'm also speculating about two sets having to come back and the possibility of them being sent in a few days or even a week apart... So to my mind we are right in an "any day now over the next few weeks" window that seems normal. I had one intent only in that post -- to diffuse overly exuberant and unfounded spec about announcement tommorow, tommorow -- that I saw getting out of hand due our little rally. The tape doesn't necessarily tell it all -- any given run can just be a matter of a new big fish finally deciding to get in -- or cost average or increase. I've talked to a few of these types and often there is no method to the timing -- and for some of them this is all viewed as a "hedge" against large positions in outfits like Bema and Stillwater. Eli has done an amazing job attracting and cultivating these high rollers, and many have been "pitched" and you never know for sure when/if they are going to pick up the phone and buy. You add shorts, profit takers, traders, momentum players, small trading/adjusting among the institutions and voila: volatility. I would also like to caution myself (and anyone else) against MMs/shorts painting the tape in the next few days to make us think "the market" knows the results before us -- and they are bad -- or hitting us with a last press/attack. I supose the punters can try to trade this if it happens but it might not occur, or they might get caught out by the real news... IPM appears to me to have instituted strong policies to plug up leaks/rumors etc -- and we may not have a tell tale build up of volume two days before news... If I see a volume/rally next week it may just be a last big fish or two going shopping knowing news is due any day. And I refuse to be a hypocrite, as I say, a little sell-off or tape painting or short breaking of a resistance line will not mean they _know_ the news is bad -- similarly a rally won't automatically mean the someone _knows_ they are good. Might just be retail shorts getting on the sidelines and/or retail buyers topping off. So, IMO we just have to be in or out according to our big picture dd and pain/pleasure tolerances. I think this will be dangerous time to try and go by TA. Lew Green PS. Thanks Brad, sorry I didn't take a second look at the time -- but I remembered something fishy (in appearance) in Mr. Drinkers profile -- it may be that he joined back in 96 -- but I saw no activity except for posts on IPM during a Walter blitz. That always looks odd to me in those circumstances.