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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (6493)	2/6/2001 12:40:18 PM
From: OVETUS	Respond to of 19219

Thanks a lot JT. I will keep my NEM's. Hope tomorrow earnings release is a good time to move back up. ovetus.

To: J.T. who wrote (6493)	2/6/2001 1:43:53 PM
From: Casaubon	Read Replies (1) \| Respond to of 19219

J.T. IMO, upside gaps don't follow the same script as downside gaps, which act as magnets to build a solid base. Upside gaps can only be conquered by demand and growth.

To: J.T. who wrote (6493)	2/16/2001 12:49:06 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

XAU upside gaps tend to get filled hard and fast once selling dries up and bottom fishers come... Recall 5 unfilled upside gaps: ******************************** ...<XAU now has 5 upside gaps to fill- BULLISH: 1) XAU 48.18 - 48.60 2) XAU 48.72 - 48.88 3) XAU 49.24 - 49.75 4) XAU 50.30 - 50.94 5) XAU 51.56 - 51.99 To pound even more Bearish sentiment into the picture, rumors that S.A gold mining companies are now selling gold and hedging production while India is selling gold to offset earthquake natural disaster... Maybe rydex TA will collapse after today's close... I sure hope so.. XAU now at XAU 47.29 down $1.31 down 2.7% XAU and gold close to a nearterm bottom within 1-2 days... then back up>... ************************************* Now at XAU 47.20. Also, GOLD, one of the S.A. gold adr's has completed their hedging: biz.yahoo.com Best Regards, J.T.