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To: Tom Byron who wrote (9126)	4/10/2000 10:32:00 PM
From: Tom Byron	Respond to of 82019

this daily oil chart now shows the rsi reaching the "30" line. it appears to have done it in a 9 waver down...the nine down can more easily be read on the daily price bar above. let's see if we now get a bounce. digisys.net and as a supplement to my earlier post of the weekly xau and london pm fix charts, the following spx weekly chart with slow stochastics now shows the stochastics up at the TOP with a possible down turn starting...remember the xau and gold slow stochastics were way down at the BOTTOM on their respective charts. bigcharts.com now mr. market, show us the way ....to the promise land..:)

To: Tom Byron who wrote (9126)	4/11/2000 1:29:00 AM
From: Zardoz	Read Replies (2) \| Respond to of 82019

the weekly xau index chart with slow stochastics shows at the bottom of the chart, the slow stochastics attempting to turn the corner...:) ya saw it here first folks...ya have to know when to hold and know when to fold...me...i'm holding.....:) You paint a lovely story but try looking at the a shorter time period. bigcharts.com bigcharts.com What you are witnessing is the last climb of the spot gold which is near a precipitous decline. The fast and slow Stochastic is pointing to the FACT that this climb is a technically fake out rally. The XAU has already reflected this. This coming pattern should be very similiar to the Nov 99 patterns where gold and the XAU plunged. You should see the stochastics stay below 20% for 1-1.5 months. The parabolic SAR for gold is suggesting that said demise should start near monday. Hutch Long term TA is un reliable unless you consider economical conditions. A 5 year pattern for gold is meaningless unless you consider the exchange rates and monetary basis. New multi-decades lows are coming.