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Strategies & Market Trends : Gold -- the eternal short? -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pittman who wrote (98)	10/28/1997 6:48:00 PM
From: Eashoa' M'sheekha	Read Replies (1) \| Respond to of 114

Although Teck Analysis Is Surely Benefical In A Normal Market........ It may loose some of it's usefullness in a controlled one.Gold was set to break upward immediately prior to the non news/Swiss Cheesed/ scare,that ultimately achieved what it's ill entended writers sought, well knowing the well(financed) press would misquote and disseminate with prejudice.What I have learned Ed,is you can't hold when so many forces are playing the short side,right or wrong.You know,go with the flow...the market is always right...yadda yadda....you may not like it but you won't get burned.I hold only a small position in a good Miner right now,and untill these folks(markets:-)have achieved their goals, I consider most gold stocks as traders only on the ebb and tide of the next crash and burn news plethoria.You think we will see much upside before the next onslaught?Looking for a sell point again.Seems you have a pretty good handle on this abomination.Thanks.Take Care. Taurus

To: Ed Pittman who wrote (98)	10/28/1997 8:59:00 PM
From: Phil Varichon	Read Replies (1) \| Respond to of 114

OFF TOPIC Ed, if this can be of any relieve for you, I to have a dichotomous problem sometimes and do not stick to the plan. I just got in BGO again and should have waited a bit longer to get in as I do not see a significant rally very soon... What's your key dates? I beting on the back of my mind on BGO to dump some good drill results from their other projects...Also I just listened to an hour interview with analysts and PDG, the latter is very bullish on the other targets close to CC, with 2 targets being possibly 1 large ore, possibly higher grades and shallower...I think they would not have JV with BGO if it was just for CC, they know something is possibly big there... Plus if US$ keep sliding that might firm a bit POG. PHIL