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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: pater tenebrarum who wrote (29228)10/12/1999 7:26:00 PM
From: bobby beara  Read Replies (2) of 99985
 
decisionpoint.com

Heinz, gold should have made the bottom prior to the BOE announcement, i believe the BOE announcement has put further compression in both the equity and gold markets, they have been able to justify the low inflation mantra several months longer and more gold bulls threw in the towel and shorts grew complacent.

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