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Strategies & Market Trends : Steve's Channelling Thread
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To: Crimson Ghost who wrote (11669)2/23/2001 10:49:23 PM
From: Zeev Hed  Read Replies (2) of 30051
 
George, I think that most of the move is lready in the XAU, it could go another $1 to $2 (52/53 where there is substantial resistance). A lot of the move was "flight" from tech, and if that conmtinues, sure we could have a breakout of 53 and a sizeable move to about 58, I just think that most of the flight from tech is over. I liked the XAU much more last week at the $45/46 area.

Zeev
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