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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.270.0%Dec 26 4:00 PM EST

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To: pater tenebrarum who wrote (47307)4/19/2000 3:33:00 PM
From: Crimson Ghost  Read Replies (2) of 99985
 
Heinz:

There may not be much volatility in gold right now, but there is plenty in gold stocks -- to the downside.

My take is that we will see powerful rally soon. The current action reminds me of the summer of 1998 just before a huge rally. The problem though is that the gold stocks are acting so badly right now that the XAU could retest the old low of 48 before we turn.
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