Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: accountclosed who wrote (1098)	3/31/1999 2:40:00 PM
From: ahhaha	Respond to of 3558

Note: Total flow is negative so far today, but marginal demand is strong and persistent. The inelasticity with respect to marginal demand and the simultaneous elasticity with respect to marginal supply which essentially represents the true fundamentally based sentiment remains in tact. So, in spite of net flow out, price rises. Price is sensitive to the upside. In contrast the London gold fix reached a new marginal low today, so those buying mine shares are betting that bullion price will rise. When shares move before bullion it generally indicates that a bull move is developing. I am requesting that no one respond to this note.