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Gold/Mining/Energy : Cartaway resources -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (2058)	8/28/1998 7:10:00 PM
From: John Paquet	Respond to of 2505

Hutch;You know that "Futures and options trading and penny stock speculation are speculative and involve with risk of loss. Past trading results are not indicative of future profits. "" I prefer to see the outcome of that gold price where it is going to hit, these two days although it confirmed the recent down trend or I should say it continued its down trend since 1981, when that could hit $850+ when Paul Volcker was Chairman of the FED. As you know this down turn could very easily reversed, maybe tomorrow or next few days, it took eight months and 2 weeks to confirm this down trend. It appeared to me there is no threat at all, I could not see that $250, or $265.00 even. I also saw USD got hit today December contract trading below 102, I see no strength left for this USD, YEN looks stronger also. This two days was affected purely by Russia current problems and lots Austria producers' selling. I think this is a two days' event. So I see the bottom of the gold. Nevertheless I like to watch the market closely and one day at a time. I heard that CNBC gold analyst's talking too. He was saying that gold will have strong rally after this. I use a simple technical analysis method and I am telling you that this gold will bounce back to mid-point of that (850+272)/2 which is equal to $$561.00 in U.S. Dollar term during this year and next couple year [i.e. 1998-99-Y2K] and CWA will $4.75 to $6.00 a share; HAHAHAHAHAHHA!!!! YAHOHOHOHOHOHOHOHOHO!!!!!!!! If this is the case and I could hold all of my CWA shares; I trust that I will make more than that Mr. George Solos, that Future KING and Currency KING. Another round of YAHOHOHOHOHOHOHO. yOU KNOE THAT gEROGE sOLOS HAS public trading FUND called Quantum Fund, he made Billion of US $$$$$$$$$$$. He is in BB category; I am only in MM category. But he is 60-65 years old but has very good knowledge in Macroeconomics though.