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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?


To: IngotWeTrust who wrote (586)4/21/1998 11:29:00 PM
From: Ross  Read Replies (2) | Respond to of 3558
 
to all,

Just had to generate some kind of chart after a day like today!
Glad I sold my puts!.. Gosh, that is a nice move for ABX! I
consider this a sleepy type of stock but I have been reprimanded!

Unless this is some sort of anomaly or a freak event I would
consider any weakness a buying opportunity, very short term..
And that is my style.. There is a lot of resistance in the
US ABX $26.00 area but that is a ways off (I think!) Even if this
is a true breakout we will see pullbacks and those will tell the
tale for the future advances.

I'm not a long term bull on this stock, yet.. So will just enjoy
this advance while it lasts..

chart: teleport.com
(this is a 60 minute chart, meaning that each bar is one hours
hi/low/close candlestick format)

I also want to add that there is nothing real predictive here. Todays
move was so strong that I would need some more information (a couple
days data) to formulate some future trends that I will hang my hat
on.. Trends up!! Thats all folks!

The longs are sleeping well tonight!..

Hope this helps. Just trying to keep the thread going!..
Ross