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

To: Crimson Ghost who wrote (50579)	5/12/2000 3:10:00 PM
From: pater tenebrarum	Respond to of 99985

Goerge, i agree it's hard to time. i can't promise you the move will start on Monday. but gold has become a 'dull' market again, with ever smaller intra-day price movements. every time that happens, a big move is just around the corner. last time we had first a relatively large intra-day downmove that recovered and turned into a $30 rally within two days (following the PDG announcement). as it is, the supply from producer forward sales keeps drying up and commercials regularly buy below 280 (which means we have a floor in the 270-280 range). i don't know what piece of news will move us this time, but something is coming. regards, hb