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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: bobby beara who wrote (34303)11/27/1999 1:52:00 PM
From: Rarebird  Read Replies (1) of 99985
 
<Monday, we will know if we will have a breakout in Gold>

You'll know it before the open. It will be as clear as Noonday Light, one way or another.

The Gold Gunslingers, Bobby, want to see a few things:

1) Bids above the current spot price.
2) A few gold producers making those bids.
3) The Auction way oversubscribed.

If the Gold Producers don't show up at the Auction and bid, you can take those technical indicators of yours and flush them down the toilet. What you'll witness instead is a real massacre.



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