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To: Tom Byron who wrote (10635)3/10/2001 1:43:25 PM
From: Tom Byron  Read Replies (1) | Respond to of 81925
 
here is a two year weekly xau chart based on the weekly close (and thus a LINE chart)....if one then looks at a
price bar chart (high, low and close bar) and places a "19" onTHIS weeks bar and then count back another "19" weeks several times....it interesting to notice where these "19's" end up ...usually at TURNING POINTS...i think we are again now at one of those turning points...

her is the LINE weekly chart:

bigcharts.com

and here is the weekly BAR PRICE chart:

bigcharts.com



To: Tom Byron who wrote (10635)3/10/2001 1:53:13 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 81925
 
Well Tom, so far patience has been a vulture.

PS Please use a coin with a heads and a tails on it to get a more accurate reading.



To: Tom Byron who wrote (10635)3/10/2001 2:23:01 PM
From: sea_urchin  Respond to of 81925
 
Guree: Buying stocks is like the quiz program where they deduct money from one's winnings for every question one asks. In the end, when one knows the answers to all the questions, there is nothing left to win.

Already the trend on the XAU is unambiguously up. The moment it becomes absolutely clear that the down resistance on goldee has been penetrated, goldee (and XAU) will be at a level which you will consider TOO HIGH! In my opinion, the down resistance on goldee has already been penetrated.