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To: Bobby Yellin who wrote (14410)	7/12/1998 6:54:00 AM
From: Ted David	Read Replies (5) \| Respond to of 116753

Jerry favors talked about critical support at 8659....if we take that out, he says, Bull market is over. Conversely, to the upside, if we take out 9211, the all-time CLOSING high and then take out INTRA-DAY high of 9302 (I believe that was it...could be off by a few points) then Bull lives and we will see new highs this year. I believe from a date standpoint, he said July 24 +/- two days will be key using that Bradley chart. This is off the top of my head...listening to him and 4 other people in my ear at the same time Friday. I think I have numbers right. Regards, Ted David

To: Bobby Yellin who wrote (14410)	7/12/1998 8:05:00 AM
From: Richard Mazzarella	Respond to of 116753

Bobby, I burned my charts, suspect Beara did the same. <VBG> I even canceled that XAU forecaster which I subscribed. We certainly may be near a gold bottom, but there are very few fundamentals that suggest a move up IMO. It's going to take something like a major currency crisis. We have speculated on that for many months now, it hasn't occurred, anybody see such an event soon? I don't think so.