Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Benkea who wrote (29059)	10/11/1999 3:54:00 PM
From: bobby beara	Respond to of 99985

I am Benkea, the XAU found support at the gap, i received my gold stock t/a newsletter this weekend and the 9/28 spike set-up historical overbought readings, including p/c ratios, he was looking for the XAU to fill the two open gaps because of the level overbought, unless the gold carry trade had not been full covered here. My belief is that we may have another wave of short covering ahead and possibly that is what the xau action may be indicating. bwdik