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

To: J.T. who wrote (7868)5/24/2001 11:07:33 AM
From: J.T.  Read Replies (2) | Respond to of 19219
 
Notice how they are assaulting gold right now.

Gold was up over 4 bucks this morning and now down nearly 3 bucks. A huge reversal.

XAU was up over $1.50 and it is now down. Cycle low due today for gold/XAU +/- 1 day.

MITA 7868:

...<Intraday low right above my high band PM to you at XAU 60.66. My target XAU pullback XAU 60.50 - 59.50.

XAU cycle inverting into a low right into the new moon today. The buy in later today or tomorrow in Rydex XAU Precious Metals and gold stocks>...

Best Regards, J.T.



To: J.T. who wrote (7868)5/24/2001 11:46:06 AM
From: J.T.  Respond to of 19219
 
XAU minimum target pullback achieved with the recent low of XAU 60.11.

...<Intraday low right above my high band PM to you at XAU 60.66. My target XAU pullback XAU 60.50 - 59.50>...

Now for the market to do my bidding for me I would like this kamikaze attack to penetrate the first gap at XAU 58.57 - 59.64 TODAY.

If it does, I will be switching back into Rydex XAU Precious Metals today after booking profits in SPX Short URSA.

Best Regards, J.T.


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