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Gold/Mining/Energy : Winspear Diaminds (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?

To: High Grader who wrote (528)	2/12/1999 5:15:00 AM
From: marcos	Read Replies (3) \| Respond to of 1172

elkvalley.net .. and others as well - elkvalley.net Interesting - do you think resource stocks follow Ewave patterns similar to other sectors? ... some say they're too news-driven to fit nicely in those zigzag lines ... but then they also say it works well if you put the lines in after -g- ... friend of mine is an Ewaver, subscribes to Prechter's fax service, or used to anyway. He's given me a few rolls, i have one here from Nov '97. It starts out 'Welcome to the bear market .... The 554-point slide of October 27 is a foretaste of the new environment. Bonds are topping in a second wave and should start a third-wave decline soon.' Well, as you know, it didn't quiiiite work out that way [my friend has lost fortunes shorting the S&P on P's advice]. But to be fair, he got the next two sentences right - 'Gold is bearish long term but has begun a near-term rally. Silver has hit its ideal downside target for wave B and is ready for wave C up.' ... which was the way it turned out. Maybe a resource player should be as sceptical of technical analysis as he is of the fundamentals, eh ..... not that I'm suggesting that you're not or anything, you seem like a smart guy. I just don't understand the Ewave thing, that's all. David Plonk of Kahuna [well he used to be David Plonk] seems to have a fairly good average of good calls to bad - #reply-7655189 ... a good thing to study maybe, but the drills will always tell the story in the end in this business. Can't help on the diatreme pipes, but George Tromp knows a few people and posting on his thread would get wider exposure - #Subject-18635 .... i was just reading this earlier on types of volcanoes - pubs.usgs.gov ...... cheers