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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Doo who wrote (24344)6/14/2000 7:41:00 AM
From: donald sew  Respond to of 42787
 
Yesterday GOLD hit 294 and sold off to almost 284, almost 10 points. Its now trading around 287. Regardless of yesterdays selloff, GOLD produced a HIGHER HIGH and is still in a CLEAR UPTREND.

Since this is TRIPLE WITCH, which includes commodity futures expiration, I suspect that the unwinding of options and futures may be one of the reasons or the main reason for the strong rise and selloff in GOLD over the last 2 days.

Nevertheless, GOLD is still in an uptrend along with the CRB.

seeya