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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (1032)	3/25/1999 10:44:00 PM
From: ahhaha	Read Replies (4) \| Respond to of 3558

NEM tells a better story, but ABX will soon awaken. Today the CRB cut through its 6 month downtrend and closed at the intraday high. It had opened this morning threatening to break down, but during the day it advanced to neutralize the downside consolidation interpretation with a sixth count and reversal. It took out the critical 191.5 level and closed at the high at 192 cutting up through the intermediate down trend. The oil group is now being joined by grains, copper, and others. As usual gold is the last to follow. Silver looks like a text book terrific buy and the upside down head-and-shoulders is complete. Consistent with this action was trading in T-bonds. Several days ago they had gapped down probably from the new orders hokum. The gap was closed today but the market didn't fail. In fact, it rose persistently into the close commensurate with the CRB and natural gas. Maybe all of this is just another "Myth", but if it persists, the stock market has hell squared to pay since it is built on an assumption that inflation will never again occur.