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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (33741)4/5/2002 11:39:10 PM
From: John Pitera  Respond to of 52237
 
Hi Terry, you are right about the divergences. We're definitely seeing a correction in the CRB, the XAU, and Crude since Wed. We've also see the 10 year note yield trade down in tandem with these other inflation indicators.

John



To: Terry Whitman who wrote (33741)4/5/2002 11:51:01 PM
From: nspolar  Read Replies (1) | Respond to of 52237
 
The channel is well established on the XAU, is not all that steep, and until it falls out of the rising channel, it hasn't.

Right now it is a fair distance from the rising trendline, if it hits, expect it to bounce up.