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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (137)	4/19/1998 11:10:00 PM
From: Gary	Read Replies (1) \| Respond to of 972

This URL should take you Auger: mgl.ca~yauger/wrapup.html#wrapup

To: Richard Mazzarella who wrote (137)	4/19/1998 11:29:00 PM
From: Gary	Respond to of 972

If you couldn't get the URL to work as I couldn't after I posted it the essence is this. Try getting it through "open" in Netscape. Basically Elliot wave says: The XAU reached our long awaited target before reversing lower.From that high the action so far is rather corrective suggesting the XAU should eventually print another leg up. All cycles are also pointing up but they all are due to crest by mid - May . So the expected sprint will more likely to be the last one for the bulls. Due to the length of this counter trend move up , I changed the overall long term count but that doesn't change the final outcome for the XAU which is down and way down.Before the end of MAy , the XAU should move towards 99 the 38.2% retracement of the entire decline from 155. Secondary resistence at 95 - 96 then the low 100's. It's always possible to reach 110 but for now that's a low probability. Gold should move to $316.