Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Cartaway resources -- Ignore unavailable to you. Want to Upgrade?

To: Supervalue who wrote (1745)	5/16/1998 12:01:00 AM
From: John Paquet	Respond to of 2505

Well this 14 -15 -days is a big corrections in the mining stocks, as gold and silver had big corrections, gold down from $315.00 to that $295.9 and silver down from $6.75 to $5.42; fortunately; these corrections are completely done, the bull market major up trend will resume in near future.

To: Supervalue who wrote (1745)	5/16/1998 12:19:00 PM
From: John Paquet	Read Replies (1) \| Respond to of 2505

Supervalue, CWA DML MGD LAB MGJ... and all others SVB stock this 11-14 days just a correction; retacement pattern, markets have expected a more significant NR and also that gold dropped its price down to $295.90; much below that important $300.00, investors and or traders decided to do some profit takings, but as I mentioned prices discount everything; everything in the foreseeable and every condition that can affect the demand and supply of these stocks. I found that .16 will be a key support, that .16 is the last breakout neckline of that very significant ascending triangle pattern, and markets are anticipating more drill NRs in the coming, some with good pots and pans and importantly that I found the gold price has bottomed out, it came right back up to above that $300.00 and will be heading much higher; all the negative sentiments were gone, more significant news are coming. So, buy low sell hi concept or buy at retracement and sell at big rally still would properly be implemented right here.