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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: long-gone who wrote (44501)	11/3/1999 4:38:00 PM
From: TATRADER	Read Replies (3) of 116759

You are right about TA being handicapped in the POG market...John Murphy stated sometime ago, "I no longer chart the gold market because it is no longer a free market!" As we both know John Murphy has written several books on technical analysis and is one of the best in the business... I keep believing that somehow TA can be utilized in tracking the gold markets...Yes, we are definitely overdue for a bounce.....NEM made a higher low and higher high today...BMG started to turn...However, if the manipulators show up, and take out 20.50 on NEM, all TA bets are off once again...Regards, Mark P.S. best indicator out there for a bottom is when Richard Harmon gets discouraged and John White is ready to throw in towel...

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