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To: heraclitus who wrote (4551)	10/23/1998 9:41:00 AM
From: Lucretius	Respond to of 14427

yep, been in and out. I haven't touched the drillers yet. I still think they've got 1 more leg down (but that doesn't mean they do (G)) POG could drifft a little lower in the short term and pull gold stocks slightly lower, but gold should find a bottom around 285 to 290 and rebound sharply up toward the $320 level by December sending gold stocks to new highs in their recent uptrend. Everyone must be patient w/ these gold stocks, they aren't internet stocks... they're investments. Good things take time. I'd like to see the major averages continue this sideways movement (+- 50-90 dow points) for a few more days before "trying" to move higher and then fail. After that we should get a major selloff and see new lows. good luck! -Lucretius