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

To: Fun-da-Mental#1 who wrote (57196)	7/26/2000 6:46:44 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Apart from the Gold price itself, which has almost stopped moving at all, the main change this week were to the open interest totals (see above) on Gold futures contracts. Open interest on all contract months has collapsed to just above the 128000 level. That is the lowest open interest figure for more than seven years. The last time that open interest was at such a low ebb was in March 1993. That's right, at the take off point for the last Gold bull market. the-privateer.com