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Gold/Mining/Energy : GOLD-XAU -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (919)	12/30/1997 12:17:00 AM
From: IngotWeTrust	Read Replies (1) \| Respond to of 1756

XAU'ers: Kaplan continues: $/VOL STATS: On Tuesday, Dec. 9, 1997, XAU touched 63.28, its lowest point since July 31, 1986. The XAU is thus forming an extended triple bottom from the bear market lows of: July 25, 1986 (58.72) and Nov 27, 1992 (64.38). Since Feb 1996, XAU has been in a steadily accelerating downtrend. In Nov & Dec 1997 virtually all gold mining shrs hit new annual lows. This indicator has been lowered again to MODERATELY BEARISH. ** MY COMMENTARY:** There is no magic in a triple bottom... The floor has an old maxim that goes: "4th and THROUGH..." kinda easy t'member for all you football buffs out thar(grin)