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

To: Lucretius who wrote (32707)	11/7/1999 9:47:00 PM
From: bobby beara	Read Replies (3) \| Respond to of 99985

LT, this is for you and Heinz, because i know you are a little buggy. The Gold Stock McCllelan Oscillator hit oversold -200 about a week ago, trin oversold, people are buying lots of putz again, momentum indicators such as roc and macd are showing bullish divergences and we have a fib 55 cycle coming wednesday. I believe the xau will find a bottom in the near term possibly in the next week, possibly it will fill the first gap up at 63 something will find support there. And here is another salvo for MR. WICK -g-, he told me i was crazy to buy gold stocks in July and the XAU made a peak to trough equivalent 5000 Dow point (basis dow 9000) in a two month period. crazee, cordallee and respectfoolee i am the remains of beara