MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (11052)	3/6/2002 9:33:54 AM
From: Murray Grummitt	Read Replies (1) of 19219

What does "S.T. BEARISH on a break" mean exactly? Gold appears in a trading range with support at $292 and first resistance at $300. So are you saying if Gold breaks to $300+ it becomes bearish? I concur. Yesterday I transferred 50% out of Japanese funds into Gold funds. The Nikkei RSI is over 70. stockcharts.com[w,a]dacaynay[dc][pd20,2!h.02,.20!f][iUp14,3,3!Ub14]&pref=G Last night the Nikkei rallied and sold off to end up a paltry 0.09%, not yet updated on Stockcharts. So I will see a gain on my remaining 50% in Japanese. Make up for yesterday's loss! astrikos.com I anticipate gold will not rally significantly until after option expiration, but I want to be in because it is close to good support and everything else looks short term overvalued. stockcharts.com[w,a]dacaynay[dc][pd20,2!h.02,.20!f][iUb14!Ul14]&pref=G

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