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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Benkea who wrote (22549)	8/9/1999 9:51:00 PM
From: bobby beara	Read Replies (1) of 99985

Benkea, like those commod charts, i've been dashing in and out of gold stocks for the last couple of weeks, i took profits near thursday high and luckily bought back in at the open today when i saw gold open up positive. HM was one of my plays, notice the volume candle out of a long term declining wedge and a short term rounded bottom. I noticed at some point today lowly little HM was on the top of the call buying list - maybe HEINZ should investigate. I also agree with your elliot wave post, i think we a working on a wave 4 triangle and will be making a lower low this week probably. CRB should have a hard time at 200, but double bottom projects to 205 area, something to watch closely, turn the CRB upside down looks like Dow chart. bb

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