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To: John Pitera who wrote (49494)6/27/1999 10:58:00 PM
From: Terry Whitman  Read Replies (1) | Respond to of 86076
 
Thanks John. I believe I'll place the NEM stop at 17-1/4. If it falls below that, there's no chart support til 16.75. We're talking a half point of potential savings there. Big bucks for someone with a HUGE position like me. <g>

I was checking out some full moon patterns, with NEM and the DJI, and noticed something on the Dow30 chart-
iqc.com

The RSI line is falling below 50 level on a sharp slope. This has meant a continuing decline in the recent past.

Short the dow- long gold looks like the play for the week. er, well maybe just short the dow. <g>

Full moon tomorrow, BTW. Last 4 of 5 Full Moons corresponded with bottoms in NEM. Got gold? <g>