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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (78229)	6/7/2001 10:10:29 PM
From: bobby beara	Respond to of 99985

justa, Greenspan deserves alot of credit. Imagine if there were any fundamentals to go with these rallies.>>> i don't follow fundamentals to much but try to find supply/demand dynamics that show up in the charts. the XAU has had a boffo rally of the last december lows, was the best performing index this year a few weeks ago, this was all during a time that the POG was hoving near 20 year lows, crappy fundamentals. the news is less important than the reaction to the news, we could be making a trip to the top of the trading range in the naz here, but i don't wanna short it until i see a distribution day or 3.