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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Terry Whitman who wrote (25802)12/10/2001 10:25:24 AM
From: Terry Whitman  Read Replies (1) of 52237
 
Had a brief look at the XAU this morning, and want to note that caution is warranted. We've got an established downtrend now- a series of lower highs and lower lows for the past few months. I will want to make sure that the next low is a HIGHER one from the previous one before making any big commitments there. Also a bearish 50/200 dma x-over going on now. Not a real reliable indicator, but one that indicates a large downside risk.
quote.yahoo.com^XAU&d=c&k=c2&p=m50,m200

Tech trash appears to be king for now.
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