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To: Larry Anthony who wrote (4699)10/27/1998 11:55:00 AM
From: waverider  Read Replies (1) | Respond to of 14427
 
007, you may have a point with the gold index...but as you said, NEM seems a little risky. I think the chart is telling us that.

Thean, I just shorted FGII at 17 while covering GIFI for a small profit. I agree with your volume comparison. Failed to bust through upper BB.

LT, I think it might be wise to wait and see if DELL breaks into new high ground here. Market sentiment and PC outlook are still rosy from all I can read. Dell is a favorite and the idiots can drive this thing to the moon.

<H>



To: Larry Anthony who wrote (4699)10/27/1998 11:57:00 AM
From: Lucretius  Read Replies (1) | Respond to of 14427
 
they won't see new lows, look for a pullback similar to the one the XAU just went thru



To: Larry Anthony who wrote (4699)10/27/1998 12:38:00 PM
From: waverider  Respond to of 14427
 
Nice move on gold so far. Cool. LT, I picked up a few more puts on PE. It appears to be ready to break to the downside to fill that gap to $35.

Is it just me or does it seem that somebody out there is unloading stock on the big board after the initial morning rally for the past few days, starting Friday? It seems like a very orderly liquidation. Hmmm...just a feeling.

<H>


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