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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (3074)1/4/2001 8:19:54 AM
From: John Pitera  Respond to of 33421
 
The London gold Fix sold off when it hit it's 200 dma @ 276

geocities.com

It also was giving a sell divergence on it's daily RSI and
MACD, so it's not surprising that it's declined, Let's
see what happens over the next couple of weeks.



To: John Pitera who wrote (3074)1/4/2001 8:37:11 AM
From: Terry Whitman  Read Replies (2) | Respond to of 33421
 
Yes, that AG is a real genius-
Message 15120899
hohoho

Have you given any thought to the similarities with Japan 1990? We may not be anywhere near the ultimate lows if the secular bull market is over.

And doesn't the market bottom usually lag the 1st rate cut by a month or so?

I'm long actually- but not too confident about the lows being in.

Regards,
TW


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