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To: Bill Murphy who wrote (3232)1/30/1999 9:35:00 AM
From: chevalier  Read Replies (2) | Respond to of 81164
 
I agree with you from a technical standpoint as well. Gold made a nice recovery the past 2 days. While the technicals on silver clearly point to higher prices I was looking for gold to put in a bottom that was above the summer low. It looks likely that $283 was the recent low which is the first step to recovery. Now the trick is to see if gold can break $305. Technical analysis 101, higher lows and higher highs.
Enjoyed watching you on CNBC. Hope you bought a piece of EXN which I recommended last week to you. Closed out yesterday at $0.62, up 129% that day alone on big volume.
Cheers
Ari