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To: E. Charters who wrote (69926)5/21/2001 11:01:24 PM
From: Jim McMannis  Read Replies (2) | Respond to of 116753
 
All,
Longer term...XAU
Still in extending 3rd wave.
Strong bull trend well intact.
That's the good news.

Short term...
XAU in very overbought territory.
A close tomorrow below the open will signify a KS formation. A pull back would ensue. May go sideways or down.
Likely a complex 4th wave.

Position, out if KS occurs...

Jim