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Strategies & Market Trends : The Options Box
QQQ 625.58-0.3%Dec 11 4:00 PM EST
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To: dli who wrote (7477)11/19/2000 5:51:27 PM
From: Poet  Read Replies (2) of 10876
 
Dave,

You had made a comment in another post last night that I wanted to explore further:

Trading in currencies is predominantly driven by technicals which explains why trends once firmly established
are very hard to break unless there's compelling fundamental changes.

In the case of gold, whose trend has been grinding downward for a relatively long period of time, what do you see (if anything) as being the necessary fundamental changes that may presage a trend change?
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