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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (71668)	3/10/2001 1:20:41 PM
From: Zeev Hed	Respond to of 99985

Yes, I agree that tax selling "skewed" the numbers (and thus also the paucity in negative tics early in the year with heavy rebuying of tax loss targets). By the way, ^XAU achieved my target around 57 or so, I think we are in the last throws of that gold move, and a retrenchment could be precipitated by a counter trend tech rally. Gold itself, will not go much above the 270 area, (I have $274 as the glass ceiling), so that move might be over. I am no longer bullish on gold and the XAU (as I was just two three weeks ago). We might have another gold rush once the tech turn over again by mid April. Zeev

To: bobby beara who wrote (71668)	3/10/2001 3:05:05 PM
From: OX	Respond to of 99985

i think there's a new (SI) sentiment indicator in the making... there are always "dissenters" on public msg boards, but I sense an increase in the number of "testy" posters. not sure where to fix the "overbot" and "oversold" levels tho. :-)