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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: Bald Man from Mars who wrote (2540)	2/8/1998 3:00:00 PM
From: Susan Saline	Read Replies (2) \| Respond to of 4969

GOLD has had a nice run up, stronger than any we have seen in over a year now. Is it a fakeout or a real breakout? I am sorry I have no crystal ball. I own a small amount of BCMD, in my Penny account, it is a purely speculative purchase. If entering a GOLD stock, set a very close stop, just in case the trend change is not for real, cause it could easily fall back to the lows. Part of the continued rally is due, I believe, to the CNBC hype about the silver collector (cannot recall his name). His name was also mentioned collecting GOLD, that may be rumor though. CNBC is usually 3 days late in mentioning a GOLD rally which has been a very good contra-indicator, over the past year. When they start hyping GOLD, that usually ends the rally. Sue