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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (6415)6/26/1998 2:43:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 14226
 
Richard, what buying? since it hit .75 (which was expected after all), it is now "in full retreat" (well the ask has been lowered back to .75). I really do not consider this big buying, and the ammo spent to create this blip better be real, or else, 9/16 will be washed out once the current "euphoria" is dissipated. No, I think that, unfortunately, the down trend is still intact.

Zeev

PS, welcome aboard IMPX (I almost wrote IPMCF <G>), but there too the best I can see is a possible double bottom at 7/8, if it is breached, run for the mountains.