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To: bobby beara who wrote (11362)	5/6/1998 7:53:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 116825

I think you know enough<G> NEM and NGC had strong accumulation the last 4 days near 31 and again today as they neared 30. Didn't stay there long. Sorry for the individual stock ref., as I'm not hyping them, only confirming your basing theory. Interesting that they bottomed and moved up before spot gold bottomed today when it dipped below 300.

To: bobby beara who wrote (11362)	5/6/1998 8:10:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 116825

Bobby, those Elliott waves make me seasick. They are always perfect in hindsight, but forecasting is spotty by the best of technicians. The XAU forecaster that I subscribe to showed the short term forecast failing to turn positive as the chart trajectory yesterday suggested. The XAU doesn't look pretty from those charts. The bounds you define (84-90 XAU), I agree. POG will need more than these current charts. Now if Japan falls apart, then the fundamentals rule and the charts will follow quickly IMO.