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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: phillip who wrote (347)	3/31/1999 10:46:00 PM
From: Wade	Respond to of 48092

Hi phillip, The timing is about right. However, I would like to wait for a few more days to watch the strength of dollar. Dollar had a small pull back which was the reason you thought AU took some Viagra<G>. It is still possible to see dollar regain its strength if the Kosovo situation getting worse. It could hit 52 week high again. Gold will drop to 275 easily in that case. However, if POG remains on this trend for another 2 trading days, we should expect see a mild quick rebound....then a pull back to this level. What I am waiting for is the completion of the inverted right should formation. It should take ~1-2 months shake out. This triple bottom formation is the most powerful formation. I will put several GTC buy stops in tonight. The best way to do is to place a limit on top of the stop in the same buy order to prevent over paying your stock. I will try to get more confirmation tomorrow. Good luck. Sincerely, Wade