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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%4:00 PM EST
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To: Crimson Ghost who wrote (50574)5/12/2000 4:38:00 PM
From: Fun-da-Mental#1  Read Replies (2) of 99985
 
George, don't forget 1998. When the market made a double bottom, XAU didn't go up the first time (in fact it collapsed), but then it doubled in the next month as the market hit bottom a second time and the stability of the financial system came into question. The Nasdaq drop last month was only round one.

Fun-da-Mental
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