MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Square_Dealings who wrote (9447)	11/16/2001 11:46:20 AM
From: J.T.	Read Replies (1) of 19219

XAU continues to get crushed down another $1.20 or so.. and at the lows XAU 50.70 a moment ago the 5 day RSI was below double oversold at 17.13.. We could get to quadruple oversold before it is all over.. The one positive for the Bulls is that the all gold index JSE is holding firm as a result of the NEM buyout of Normandy and Franco Nevada. JSE closed at JSE 1,381 and right under 1,381.40 high close set on November 5th. The boyz are cleaning up on all the XAU and NEM November calls et al that will expire worthless today. Best Regards, J.T.

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