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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: set who wrote (17186)	6/13/1999 8:53:00 PM
From: bobby beara	Respond to of 99985

Shahar, homestake chart looks the oil drillers chart with an H&S pattern at the bottom of a long decline. my read on the decline on the UK news is that the initial drop was 1, the little channel is 3 and we are now in an ABC countertrend rally, maybe we will have one more leg down to test the falling wedge upperline, decisionpoint.com there is always the chance though that we will see a real breakdown of gold and the xau go to 30 something. the-privateer.com could get a retest #1 at $195 bwdik