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To: AllansAlias who wrote (11646)	8/16/2000 8:27:16 PM
From: Archie Meeties	Respond to of 436258

Soaked up bukoo HM today. Whenever the market gives me a nauseating feeling, I go old school.

To: AllansAlias who wrote (11646)	8/16/2000 8:30:25 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

yep, the XAU is looking at all manners of resistance here...gaps, moving averages, what-not. BUT in past XAU rallies, once they really got going, technical resistance meant nothing. the rallies are always incredibly swift. several cycles, long and short term favor a XAU rally here, not to mention the dreary sentiment picture cum collapsing OI in gold. i agree, Globex doesn't mean much...but honestly, can you actually imagine the market going down tomorrow? -g-