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


To: Zardoz who wrote (37811)1/22/2000 6:56:00 PM
From: Rarebird  Respond to of 99985
 
Hutch, I am no "Politician." I go out on a limb and post my views and as of late, my trades. The fact that I have raised the question shows my lack of absolute knowledge. I am as ignorant as Socrates when it comes to the ways of the Gold market.

I did say in my post, however, that I felt the XAU would retest its lows from August 31, 1998 and most likely not hold. Lets see what happens. It's going to be a very rough 6 weeks for Gold. I doubt the POG will fall much below $252 over the next 2 months. BWDIK. Maybe a marginal low to about $250. My guess is about $260.