MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (777)	10/12/1999 1:57:00 PM
From: J.T.	Read Replies (1) of 19219

XAU finished strong into the bell yesterday after piercing lower band of support intraday XAU 77 area and finished at the high of the day at XAU 80.17. Now it is being primed (currently XAU 79.60)for this run to XAU 90.5 intraday I mentioned last Thursday in MITA 777: ...<I may be day or two early but that is o.k. for me. Target is 90.5 XAU intraday. This involves high risk on percentage terms so only aggressive accounts who can afford to lose money on the wrong side. I will cut bait on a close below 72>... I will tighten up the stop loss on one close below XAU 74. Best Regards, J.T.

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