Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: OVETUS who wrote (9302)	11/2/2001 10:40:43 AM
From: J.T.	Respond to of 19219

I think the window of opportunity for a significant low into this full moon is all about shut. XAU has decent support around 52.95 - 53 now and it just ain't budgin'. XAU at 54.39. Now on Monday, they have the GATA hearing, and if judge finds merit, the case goes to discovery and the media is all over it.. If the judge finds the case without merit... the big boyz will be all over it trying to lead the takedown... So therein lies the rub... NEM is technically very strong but approaching double overbought. I will most likely switch to XAU Precious Metals Fund in Rydex before the close in Regular series.. I am looking at some gold stocks for potential purchase today. Best Regards, J.T.