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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (35453)6/16/1999 7:16:00 PM
From: TATRADER  Respond to of 116756
 
Richard, I have been trading in and out of NEM all year...I have a system that has proved very effective, generating about 80% accuracy on trading NEM short-term..Right now I am not in NEM, but will give you the signal when I re-enter...Like Doug Casey, I will stick by my guns until the very end...The gold bull market has begun..We saw the exhaustion gap on NEM when it hit 16 11/16 on that fateful June 1st day...Now we are just wandering aimlessly awaiting direction..Small rectangle pattern with measurements of 19.25 by 17.25...I have a strong feeling the traders will retest the 17.00 area..My indicator is still not oversold, but when it hits, I will strike again...(will set stop in case my timing is off)...Take care, but advice is not yet...Of course I am a short-term trader..

Holding overnight CLX short....Those bleaches are going to ruin a few outfits....
Short of day tomorrow is AMZN..Begin short preparations around 9:50 A.M. in the 115-120 area...Take care....Mark

P.S. Sister-in-law still has TLM in IRA....My ties with Arakis continue...You were right on that one..Arakis would never bring that oil to production, someone else would..