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

To: Haim R. Branisteanu who wrote (26700)	9/22/1999 3:56:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Haim, everybody is bearish on gold -g- why have lease rates gone up recently, why was the BOE auction overscribed 8x, even miners were lined up to buy (cheaper than they can mine it) I call that INSIDER BUYING -g- I'm no expert on the gold complex, but the lionshare of the central banks selling was in 4Q 97 during the waterfall decline in the XAU, since then we have been building an incredible base and miners are closing shop. follow the charts not the general sentiment. Nasdaq rallied into gap resistance and i noticed a lot of nutz are in areas of resistance. timely.com bwdik