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

To: Richard Mazzarella who wrote (7703)	10/1/1998 5:47:00 PM
From: Randall E. Brubaker	Respond to of 14226

Reviewing the transactions today, it looks like the stock went to a new low because that's what the mm's wanted. Only the last transaction at 33 was an obvious sale. The dark forces are with us. Randall

To: Richard Mazzarella who wrote (7703)	10/1/1998 6:35:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 14226

Richard, I am afraid that I am still with my earlier call of "reaching $.25", and that will not necessarily be the bottom. I do not see an impetus for a rally until they solve their AZDEQ problem, and while tripling production rate from 15 ton/day to 50 ton/day should not pose unusual problems, this argument is valid only if the 15 ton/day activity was with no problems. I cannot comment on their chances of success or lack thereof since I no longer know well enough what it is they are attempting to do. From where I sit, this screen is my sole source of information and it ain't much. I have seen the goodies content go down in a straight line and I do not know what the current goodies value per ton is, thus I have no specific reasons for being optimistic. Technically, the "evil forces" are still with us, and every time Mike comes with something that "appears" to be good news, Laser uses the occasion to increase his short position. Maybe Laser knows more about the problems than Mike does. So far, he is batting 100. Zeev

To: Richard Mazzarella who wrote (7703)	10/1/1998 11:34:00 PM
From: TATRADER	Respond to of 14226

Richard, I told you recently, it had begun...Here is a brief take on gold market... GOLD ANALYSIS The XAU has tested the support recently in the 70-72.50 and was repelled upward.The pattern appears to be a Head and Shoulder bottom with approximate measurements of 50 by 72.50...Approximate neckline reading is at 72.50, giving us a 30 day target of 95 on the XAU...The directional indicator reading is 40, the -D1 at 16,with ADX at 37... ADX moved up today from 36 to 37 displaying a strengthening of the gold trend...The outward Bollinger Band sits at 80.41...A close above that number signifies an attack on first target area of 95....The RS is still sitting at 66.18, and I am using this as an overheated indicator as opposed to stochastic, since gold is so volatile, and Stochastic in this case overheats too fast...Thus, I am looking for continued momentum tomorrow to the upside, with a potential profit taking bout later in the day....Index closed near high, so the momentum should continue for at least part of tomorrow.... I will be trading 5 gold stocks tomorrow....Will not give information on them tonight to protect my own interests....But here are some I follow, that I will watch but probably not enter... NEM---Move should continue to the 27.50-28.00 area, where I see profit taking coming in...Everybody and their grandma jumped on old faithful today, and it will have to give back some of its profits... NGC-Same holds true with little brother...Move to 31.00 possible with profit taking coming in... GGO--Did not participate in the move today, because it was moving earlier on brokerage house recommendation...It is a good stock, just overheated, let's give it a few days to consolidate... TVX---Potential buy area is 3.12 on the bid, but I stayed away from this one today because of overhead..ADX is not moving, and we will need a 3 million+ day to get this ones motor running.... ABX---Buy area is 20.00-20.50....This looks like a conservative mover...Looking for continuation on this one to 22.50-23.00 area, where profit takers should come in... ECO---I sold my ECO today at a nice profit, but was somewhat discouraged by its lack of volume to take out upside overhead...Stock did a 180 today, and is still worth watching...Looking for 4.25 on this one within next 3 months... PDG---Resistance remains at 15.00...I presently have a position in this stock overnight...Will probably sell it into strength tomorrow, for reasons I do not care to discuss at this point... BMG---This one almost made my top 5, in fact it is number 6...Reason being is that there is a lot of overhead at 7.12-7.31 area...Will watch volume levels on this one tomorrow.... We have waited 18 years for a gold bull market, and gentlemen it is going to be good....I look forward to the challenge of trading these volatile issues......TATRADER.... P.S. will pass on GPGI for now....