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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (51323)4/11/2000 6:20:00 PM
From: Enigma  Respond to of 116836
 
Nice to hear from bb again!



To: bobby beara who wrote (51323)4/11/2000 7:14:00 PM
From: set  Read Replies (1) | Respond to of 116836
 
Hey Bobby,

I've been watching this.
users.uswest.net

Simple mindedly, a breakout attempt has been tried
and has failed, at least for now. This is, generally
speaking, a continuation pattern.

However,
users.uswest.net
IF gold can fall below 278 while these two oscillators
remain above their MAs (but closer to the MAs than to
the upper bands on the MAs) then I think a breakout
is more likely and could be played with a reasonably
close stop. If that happens I'll show it here.

It certainly is an interesting situation. The monthly
chart happens to work well upside down
users.uswest.net

This is good. A reversal here would mean a lot,
at least to me. Especially, since the first one
didn't fly, another could create a hell of a panic.



To: bobby beara who wrote (51323)4/12/2000 7:59:00 AM
From: long-gone  Respond to of 116836
 
<<everybody hates it and it's getting very sold out, there is a nice triangle on the nem chart and we are also seeing a momentum divergence between the mo low in late jan and the current price low, i believe a very tradeable bounce is just ahead.>>

and it is an election year. Can we be assured the dollar will remain as strong under the next President? Even were the dollar not to suffer a lower value under the next president, if we have a R. President,& both houses of Congress might military spending increase? Remember, the today we use less guns & bullets & more missiles, smart bombs,& other electronics, all of which will be wired with gold connections many of which have gold which will never be recovered.

Military electronics is a demand which has gone begging for the last 10-12 years and may soon return.