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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Charger who wrote (713)10/30/1997 9:19:00 AM
From: Jeffery E. Forrest  Respond to of 4571
 
Thanks for the explanation.

I wonder what todays market fiasco will hold for us?

I've been calling for a retest of 6900-7000. I'm curious what will happen if we get down to 64-6500, which is the other level I thought we could test.

If we hit 64-6500 it would be a key level of support. AT this level of support the small investor (who supposedly turned the LAST meltdown around) would be no longer playing the market with the "houses money".
This would put MOST investors at a break-even proposition. (also the level where we started out the year.)

This could be the catalyst to kick-start gold into high gear.