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

To: Tom Byron who wrote (12205)	5/26/1998 10:36:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 116835

Gold is sliding down again in Asia. With the Yen heading toward 150, I wonder what could halt POG slide? HM picked the remaing half of PRU today....PRU being the cheapest NA gold miner, I believe.

To: Tom Byron who wrote (12205)	5/26/1998 10:58:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 116835

Great catch Tom, I copied that chart and drew a line in Illustrator at 1000% magnification and those three CCI puppies touch perfectly. Isn't it funny how things work out that way. From my E-wave analysis, It's possible today was a 5th wave capitulation of this current downtrend. I was looking at the Gold chart and from the Late Jan/early Feb top we have in Elliot terms and ABC correction, SAME IN SILVER. For Gold, that would mean we could be entering WAVE 3, which is usually the strongest move in price and time. What does this all mean? I think you should trade your CCI shares for your favorite gold shares PRONTO. I loaded up today on beat up juniors, they will shine when the POG starts rockin. It will be interesting to see how gold shares react to a correction. I was looking at Homestake with the help of Richard Harmon's data and it went through the 29' debacle pretty flat. bb PS: if this bottom is as important as Jan 12th, we could get a similar two week explosion in price. Another important factoid, GOLD AND SILVER ARE IN SYNC.