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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.11

-13.6%

Jan 30 4:00 PM EST

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To: zx who wrote (58043)	9/11/2000 2:39:08 PM
From: John Paquet	Read Replies (3) of 116955

I disagree with you, ZX. Nasdaq is NOT in a n uptrend. Nasdaq is clearly in a TEXTBOOK TA BEARTREND-DOWNTREND so to speak. Nasdaq topped out in early Marck, from April til today was just a correction of a BIG long term DOWN TREND, So is Dow. XAU is formatting a textbook long term UPTREND--bottomed out @50. It will breakout on the UP side to confirm this 10 year reversal and shoot it up to 150. We shall see this happen very shortly first XAU will breakout this 55 then 62 then 67 then 75 then 150 you see. John Paquet

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