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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: PaulM who wrote (10204)	4/19/1998 10:41:00 PM
From: William Peavey	Respond to of 116871

If you are confident that Japan still has a way to go on the downside, Japan WEBS (World Equity Benchmark Securities) symbol ERJ, traded on the Amex can be shorted (without an uptick, I might add). I have been trying to make up my mind about this play for about a week, but lack that confidence, myself. Bill Peavey

To: PaulM who wrote (10204)	4/20/1998 12:55:00 AM
From: bobby beara	Respond to of 116871

Paul, I wouldn't be interested in the Nikkei, but only as it relates to gold and I consider this heavy amount of bearishness after an 8 year slide a sign of bottoming. The massive triple bottom on the chart confirms the sentiment. 1937 was a very bad year where the market lost almost half it's value and had extreme bearishness after 7 years of depression and that was the final major bottom. And coincidently -ggg- that's when Dorothy started telling us "Follow the Yellow Brick Road" Classic Messages never get old do they -g- They say the streets of heaven are paved with the soft yellow. : - )