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


To: OVETUS who wrote (9225)10/30/2001 12:08:13 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
Countertrend rally into November 1, +/- 1 day... I would be selling tech into da rally if you can take profit... Also, there is an outright possibility of zigzag type action for an extra week which the market can churn higher... but after that DOWN.

Gold/XAU is dynamic read here... Yes I am expecting one more move down into da FULL MOON. But I also am quite aware this is a hair triggering mechanism and anything can set gold off higher in here.

If you own gold stocks in here I would hold em, biggest the next big move is UP, imho. It would set up perfectly with a slamdown first... but market is always right, we just need to roll wit wot market tells us.

Best Regards, J.T.