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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.99+0.3%Nov 11 4:00 PM EST

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To: Bobby Yellin who wrote (14410)7/12/1998 6:54:00 AM
From: Ted David  Read Replies (5) of 116753
 
Jerry favors talked about critical support at 8659....if we take that out, he says, Bull market is over.

Conversely, to the upside, if we take out 9211, the all-time CLOSING high and then take out INTRA-DAY high of 9302 (I believe that was it...could be off by a few points) then Bull lives and we will see new highs this year.

I believe from a date standpoint, he said July 24 +/- two days will be key using that Bradley chart.

This is off the top of my head...listening to him and 4 other people in my ear at the same time Friday. I think I have numbers right.

Regards,

Ted David
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