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To: The Perfect Hedge who wrote (4044)10/10/1998 12:37:00 PM
From: Lucretius  Read Replies (2) | Respond to of 14427
 
beebs, as I said last week the XAU is in for a pullback to complete its H&S bottom (maybe mon or tues it will have ended), but it WILL NOT see new lows (not even close) the fears that PEI discusses are already in the mkt, gold stocks will soar as the crash begins next week. At some point when gold is higher, the US will likely dump gold to defend the dollar and we will get another buying opp, but that will be at MUCH MUCH higher prices.

good luck

-Lucretius