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

To: pater tenebrarum who wrote (45759)	4/12/2000 4:57:00 PM
From: Crimson Ghost	Read Replies (3) \| Respond to of 99985

Heinz: Looks like you were right on the DJI wave count. Sold all my old economy holdings today. What is your downside target for the DJI? The inability of gold to rally despite a crashing NAZ is most discouraging. XAU could test the 1998 low of 48 before a new bull begins. Have you noticed how gold mirrors the stock market in reverse? Just as big stock market drops always reverse so do big gold rallies. My sense is that the market will not go down for the count until gold can rally above $300 convincingly and STAY THERE.