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To: bobby beara who wrote (12485)6/1/1998 10:38:00 PM
From: Tom Byron  Read Replies (1) | Respond to of 116795
 
Chartists:

Today's price move on the XAU closed an opening gap on the daily XAU chart going back to about mid-March. Maybe that will satisfy the bear's hunger. :(



To: bobby beara who wrote (12485)6/2/1998 11:44:00 AM
From: Bobby Yellin  Read Replies (3) | Respond to of 116795
 
Hi Bobby:
now that high tech seems to have lost leadership and most of the
world is falling apart financially(read that maybe 2500 animals at
zoo in Indonesia might starve-wish Bill gates loved animals or
warren buffet and wished IMF loved people)
wonder if we will start hearing about massive massive infrastructure
initiations...
wonder if you are tracking any copper etc stocks?
don't think the world governments want inflation..
don't see how financial stocks can keep on going with all the potential derivative fallout and looming year2000...
the lower the US bond rate goes,the more fear of inflation..
hopefully todays moves in PD,AR,Hm,ABX,ASA,HL etc are now a one day
thingie..
bobby



To: bobby beara who wrote (12485)6/3/1998 2:53:00 PM
From: Pete Mimmack  Read Replies (1) | Respond to of 116795
 
bobby - I like that: Don't frown, average down!

Kaplan's report June 2nd sure agrees with you. Do you see the same triple-bottoms that he is seeing?

"Since gold touched its lowest level since March 18 and then ended with a net gain, this marks a bullish key reversal. Gold has now traced an intermediate-term triple bottom (January 12, March 18, and today) which, combined with its long-term triple bottom, is classically a precursor to an extended rally. "

investor1.com

Pete