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

To: epicure who wrote (41861)	2/1/2001 5:09:34 PM
From: donald sew	Read Replies (2) \| Respond to of 42787

X, Yes I do follow the XAU/GOLD/US DOLLAR, since I do have JAN 2002 LEAPS in HM, which are finally recovering. Its a bit too early to make a confident call since there are only 2 touches on the trendlines, but there is a chance that the XAU may now be forming a BULLISH FLAG PATTERN. The US DOLLAR is producing LOWER LOWs and LOWER HIGHs which implies downtrend. If the DOLLAR continues down, that will help push GOLD/XAU up. My guess is that if the US DOLLAR breaks below 105 the XAU may really start to move up strongly. seeya