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


To: Zardoz who wrote (593)4/22/1998 10:39:00 AM
From: Ross  Read Replies (1) | Respond to of 3558
 
Hutch,

Interesting calculation.. I will have to think on that a bit.
But you also seem to be a bit cautious. This short term strength,
I believe, will continue a few days.. I would love to see a
pull-back and a move to new highs. This type of movement helps
me calculate the next or possible top. Just to early to tell.
Support now at US ABX $22.25. This should be tested and something
lower may indicate any movement to new highs will be a failure..
Then again I'm reaching out on a limb a bit because I need more
data.

Ross