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


To: bobby beara who wrote (34193)11/25/1999 10:37:00 AM
From: Rarebird  Read Replies (1) | Respond to of 99985
 
Bobby, the BOE Auction on Monday is the third one. The first was in July, the second was in September, and the third is this Monday.

The first produced a $15 drop within a week. The second started an $80 rally. Want to speculate on the results of the one on Monday?

I promise you its going to be extremely volatile next week in the Gold Market.




To: bobby beara who wrote (34193)11/29/1999 7:45:00 AM
From: Rarebird  Respond to of 99985
 
BOE Auction Price: $293.50/oz. This is below market expectations. The sale was 2.1 times oversubscribed

Very Poor Auction for those Bullish on Gold!

Those Bullish Technical Indicators are now being served for Breakfast!