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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: yard_man who wrote (11475)4/8/2002 11:48:48 AM
From: J.T.  Read Replies (2) of 19219
 
Gold stocks ie XAU huge negative reversal after upside gap out of the blocks this morning now at the lowest levels since March 21 - 22.

XAU 67.59 after intraday high of XAU 69.98 and 5 day RSI still not at oversold levels.

Will look for reentry in gold stocks as we approach below double oversold levels.

Best Regards, J.T.
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