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

To: kimberley who wrote (26005)	11/14/1997 11:01:00 AM
From: Bob Markley	Read Replies (1) \| Respond to of 35569

Assuming no PR, MM's went short on open as 'public' bought (no i didn't buy more there), ... round number obvious resistance and number that they lined up against, ... they better be nimble however, jist look at the upswing and the daily volumes. Professional shorts now think we are in a reaction and are holding. Bargin hunters buyers/institutions should drive the price back towards $6 where the short MM's should panic to cover when they see only a temp pullback in strong upswing & drive it over $6 to resistance at 6 1/4. Volume should be heavy.