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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (24101)	12/10/1998 6:14:00 PM
From: Giraffe	Respond to of 116960

From buysignals.com ... Thursday, December 10, 1998 Buy Ursa! The "double top" in U.S. stocks which has formed in the past two weeks is a smaller version of the larger double top from July's high. The inability of stocks to break above November's and July's peaks is a significant technical failure. With tomorrow being Friday and impeachment a surprising possibility, it's unlikely that buyers will step up tomorrow ahead of the weekend. Today's 6% increase in gold stocks may be short-covering or it may be the anticipated December turn up in price. Gold and gold stocks are holding at the highs of the day but we must avoid the risk of a Friday sell-off if this is only a short-covering rally. The sum total of Fridays for gold stocks is a -8% from early September.