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Gold/Mining/Energy : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (679)	7/19/1998 11:12:00 AM
From: Greg R	Respond to of 2006

FYI - Last week, INPATHIQUE updated their private chart for ABER with the following comment: "July 16 - We have carefully gone over all the lines and made sure they are as accurate as possible. The result is the First X-over being postponed to July 29 and reduced to a price of $15.50" (Had been $16 on July 22) That is a good news/bad news story. The good news is that this sees the price increasing right up to $40 early in 1999. The bad news is that this is an X-over in a long term INPATHIQUE Bear-Set that started in 96 and does not end till the beginning of 2000 when the price will probably be back at today's levels. At that point however, we move into the next long term INPATHIQUE Bull-Set that is bullish no matter who is plotting it. It will be interesting to see if it crosses through the X-over on time. If it does, the credibility of the entire chart and its targets over the next months will be useful. The problem is that INPATHIQUE is not an ideal tool for charting exploratory type companies.