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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: BGraham who wrote (63200)	2/1/2001 8:57:08 PM
From: Square_Dealings	Respond to of 116758

Yorkton's going to be looking for a new job soon -g- He's gonna get yorked. Decision Point Alert - New Buy signal on Gold today from todays report........... I am very twitchy about the current situation. Short-term indicators have backed off enough to enable another short-term rally, but intermediate-term indicators are overbought and starting to top. If the market is strong enough, prices should be able to move higher while the IT indicators correct downward. If it is not strong enough, we could be in for a retest of the December 20 lows. The abundance and persistence of IT price breakouts, as well as the strong breadth impulse the fueled the rally thus far, makes me think that the breakouts should hold, but this does not preclude a further pullback toward the breakout points. It is like watching a herd of nervous cattle -- all it will take is a spark to send them stampeding in one direction or another. The Fed failed to provide a positive spark, but continuing bad economic news is not providing a negative spark. Today gold got a PMO crossover buy signal and broke above the middle peak of a "W" formation, so I have opened a new BUY Signal. The XAU has bounced of the neckline of a nearly completed head and shoulders pattern, and now looks as if it will head higher. --Carl Swenlin" M.

To: BGraham who wrote (63200)	2/1/2001 9:06:12 PM
From: Shtirlitz	Read Replies (1) \| Respond to of 116758

Sounds like capitulation.

To: BGraham who wrote (63200)	2/1/2001 10:04:26 PM
From: Abner Hosmer	Respond to of 116758

Wow, thank goodness for the warning about junior mining companies. Looks like they got everyone out right at the top. :o)