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

To: bobby beara who wrote (11637)	5/14/1998 8:32:00 PM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116835

thanks so much for the update.. bobby II

To: bobby beara who wrote (11637)	5/14/1998 10:59:00 PM
From: Little Joe	Read Replies (2) \| Respond to of 116835

Bobby: <<Gold diverges from the CRB here where it has broken out of a inverted head and shoulders pattern on high volume (after end of year panic sell-off) an indicator that the bull market has begun and dips should be bought aggressively and bearish sentiment on the xau means buying opportunity.>> You sent me scurrying to my charts. Can't find head and shoulders bottom. Best interpretaion is that a small H&S could form if price can get over 314. I say it is a rally in a long term downtrend which could be in process of forming a reversal pattern. Even if the H& S does complete it is the weakest kind, Left shoulder higher much higher than right shoulder. I say if we have seen bottom, it will be a long time forming. Live long and prosper, Little Joe P.S. This probably means gold explodes upward tomorrow. Been wrong a lot lately.