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

To: J.T. who wrote (7740)	5/15/2001 10:01:46 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Lead sled dog all gold johannesburg (jse- sa) ^jgol index registered an inside up close day only 3 days after registering an outside up close day. This is a near term top and indicative of a change in short term direction for gold and gold stocks, imho. JSE closed at JSE 1,213.60, its highest close since March 8, 2000 when it closed at JSE 1,229.70. Gold stocks (XAU) need to consolidate and digest this advance for a few days to potentially set up for a Bullish flag position... right into da new moon on May 23rd. Best Regards, J.T.