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

To: cary garner who wrote (23287)8/18/1999 1:18:00 PM
From: John T.  Respond to of 99985
 
''You've had a terrific run-up and technically the $260-an-ounce area was a chart point that we were watching. We needed a pause,'' said John Ing, president of Maison Placements Canada Inc.

Compare this to the AUX. A few days ago AUX approached long term trendline resistance and turned back. It will be interesting to see how this plays out.

Also, yesterday it became know (at least to me) that Goldman Sachs held a large gold position. I wonder if GS is taking profits?


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