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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM -- Ignore unavailable to you. Want to Upgrade?

To: kimberley who wrote (3367)	12/16/1997 11:13:00 AM
From: Bruce McGaughey	Read Replies (1) \| Respond to of 11603

I'm interested in hearing Steve's take, too. Let me jump in real quick, though, with some Japanese Candlestick mumbo-jumbo. I just took a look at the chart on Telescan, using the candlestick function and they're showing a "Piercing Pattern" (or "PL"). " A bottom reversal signal. In a downtrend, a long black candlestick is followed by a gap lower during the next session. This session finishes as a strong white candlestick which closes more than halfway into the prior black candelstick's real body. Compare to the on-neck line, the in-neck line, and the thrusting line." So, there you go. XAU continues up today, too. Keep your candlesticks crossed. Maybe we've seen the end of the tax-loss selling for this year.