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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

4:00 PM EST

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To: bobby beara who wrote (28419)	10/5/1999 2:55:00 PM
From: j.o.	Read Replies (1) of 99985

Hi bb. Yep - gold did another flashy move over 335 this morning and could't hold it again. Looks like two spiky failed attempts to breach resistance. Have to try it from the short side here. and see what happens. I wonder how many people are going to lose their jobs over this move in gold? The recent price action has hedge fund job losses written all over it. Not everyone was long the yellow metal, despite what one hears. <gggg> j.o. indextrade.com

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