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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (2036)	12/16/1999 10:08:00 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

XAU UPDATE: I am watching this XAU like a hawk. We closed up over 1.3% to this XAU 66.23. It does not take much movement to make significant gains or create losses in XAU. However, for aggressive accounts, I like the little base put in here at this XAU 63.50 then 62.80 level for this speculative play. I will be out of this thing on first intraday move above XAU 70 even if after this intraday move it closes below 70 or simple XAU 70+ close. It is a quick percentage move in and out. Speculative accounts only. I will only stay long at or above XAU 70 if external event like Russia flare-up or China-Taiwan or Korean problem develops. Best Regards, J.T.