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To: pater tenebrarum who wrote (53815)7/29/1999 7:32:00 PM
From: bobby beara  Read Replies (1) | Respond to of 86076
 
Heinz, i have heard many many say this is the mother of all bull markets, wouldn't you expect when it ends to be the motha of all motha's, it's just getting kicked off and there is already blood in the streets -NG-

I may not be able to get the summation/oscillator chart posted, but we have a bearish divergence on the sum, same as at the November-January top, with put/calls in the same area to boot, we have lower highs on the oscillator, with the final high made on a sickly 80, and higher highs on the way up from october, have now been broken on this downleg, i believe initiating a powerful trend change. The trendline on the sum from the october lows has been broken to the downside and we never got above 2000 which should be necesarry to initiate a new bull market internal momentum thrust out of the 4 year cycle low.

false breakout - bulls are trapped - great trading opportunity - bears are trapped on gold i believe also, i think we will see follow thru in gold tomorrow making a weekly bullish engulfing on gold.

bb