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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: long-gone who wrote (68386)	4/29/2001 7:26:17 AM
From: TATRADER	Read Replies (3) of 116753

just off to church, plug in on your silicon charts the RSI, Ultimate, and stochastic with the HUI...(I don't chart the HUI on my charting program just the XAU)...Note how the oscillators on the HUI chart are lower, even though price is higher than in the immediate past...note too when price was lower but oscillators were higher....This is a bearish warning sign...Especially if more than two oscillators confirm...You look at the ultimate oscillator chart and it looks like a short-term top to me...But what do I know....I am safely in cash again, and will wait for next opportunity in gold when we are extremely oversold....Peoples emotions always change, and so goes the gold market...Regards, Mark P.S. All TA is down the toilet however, if the U.S. dollar tanks....Remember my target there is eventually 93-95....When that happens, watch out gold..

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