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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (28178)3/26/1999 12:50:00 PM
From: John Pitera  Read Replies (1) of 86076
 
the XAU looks like it may be breaking down out of a descending triangle and that implies a move back to the August 31 low.

Both the xau and Gold basis the futures or the london Fix can not go down more than another 3 buck without signaling a move back the 273 fix at the end of AUg.

the spec stocks continue to surge .....April 6th is not far away.

Maybe last friday was the top and maybe not.

sorry ....can't help you more than that.
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