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<DIV><FONT face="Courier New" size=2>If we tell SM that the pullback is over and 
ask what is to</FONT></DIV>
<DIV><FONT face="Courier New" size=2>come next then the attached is a picture of 
price movements</FONT></DIV>
<DIV><FONT face="Courier New" size=2>in comparable market conditions from 1975 
to now.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face="Courier New" size=2>Reasonable swing but subdued with respect 
to prior move.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face="Courier New" size=2>Clyde</FONT></DIV>
<DIV> </DIV>
<DIV>- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -<BR>Clyde 
Lee   Chairman/CEO       (Home of 
SwingMachine)<BR>SYTECH 
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<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  Stig O 
  </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:realtraders@xxxxxxxxxxxx" 
  title=realtraders@xxxxxxxxxxxx>realtraders@xxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, October 20, 1999 
  08:53</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> End of Correction</DIV>
  <DIV><BR></DIV>
  <DIV><FONT color=#000000 size=2>Could this be the end of the Gold 
  correction.</FONT></DIV>
  <DIV><FONT color=#000000 size=2></FONT> </DIV>
  <DIV><FONT color=#000000 size=2>time/price study indicates that this could be 
  the case.</FONT></DIV>
  <DIV><FONT color=#000000 size=2></FONT> </DIV>
  <DIV><FONT color=#000000 size=2>It's remarkable how yesterdays low stopped 
  EXACTLY at the 78,6% fib retracement of wave 5 at 306,2</FONT></DIV>
  <DIV><FONT color=#000000 size=2>and that we have 2 more fib coincidences 
  at  306,3 (38,2% of wave 3-5) and 306,5 (W 4=W2? of higher 
  degree)</FONT></DIV>
  <DIV><FONT color=#000000 size=2></FONT> </DIV>
  <DIV><FONT color=#000000 size=2>It's remarkable since we have had an $85 swing 
  from the low (255) =33.33333% of the base price (which in it's own right is 
  interesting)</FONT></DIV>
  <DIV><FONT color=#000000 size=2></FONT> </DIV>
  <DIV><FONT color=#000000 size=2>If this correction holds, it now seems like we 
  can use fib time and price for our trading decisions again.</FONT></DIV>
  <DIV><FONT color=#000000 size=2></FONT> </DIV>
  <DIV><FONT color=#000000 size=2>regards</FONT></DIV>
  <DIV><FONT color=#000000 size=2>stig</FONT></DIV></BLOCKQUOTE></BODY></HTML>
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