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To: Jim McMannis who wrote (68983)	5/9/2001 11:07:49 PM
From: TATRADER	Respond to of 116756

original base reading was 43 on XAU chart, neckline at 53, add 10 to neckline for target of 63 XAU... Today, we had a liftoff, from 55 XAU area, that is where you should usually do your reading, where the stock actually breaks out from...Since we had to wait for 55 area XAU, I use that for neckline...Also took the base of run at 42... Revised base at 42 Revised neckline at 55 Difference of 13.. Add 13 to neckline for 68.00, 67.50 for safe measure.... XAU should now retrace to at least 57, before it prepares for next 5 pt spike.....