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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (3589)6/26/2000 3:23:00 PM
From: J.T.  Read Replies (2) of 19219
 
Rydex. No change. Remain 100% long XAU Precious Metals.

High percentage XAU component NEM down 8 days in a row now and due for at least a dead cat bounce.

Heavyweight component ABX down 6 of the last 7 days.

Gold Bullion up 60 cents today and continues to hold 281 support now at 383.30 spot. Looking for minimum move to 291 intraday.

Best Regards, J.T.
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