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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Killswitch who wrote (11994)5/2/2002 11:42:11 AM
From: Killswitch  Read Replies (1) of 19219
 
"Gold Pullback
05/02/02 11:34 AM EDT

I note that the "Consensus" for stocks dropped to 22% bulls this week from 29% last week. This is now in line with low 20% readings for bulls from "Vane." These two surveys are pointing to a rally soon.

Gold bulls from "Consensus" are now 82%, up from 71% last week. This is arguing for a pullback in the gold stocks. "
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