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

To: isopatch who wrote (35381)	5/4/2002 8:40:00 AM
From: justwhatuwant	Read Replies (1) \| Respond to of 52237

<With the yellow metal exhibiting more signs of life than it has in years,> -- Mark Hulbert Gold futures are NOT higher than they were in Oct99 and Feb00. Thats barely 2 years ago. Some other noteworthy points: Gold is now at the highs of Apr98. From 1993 to 1996, gold ranged from $350 - $410. Gold has big resistance at $320-$330 IMHO. That said, it definitely has broken the down trend from Feb96 high ($420). But it also did that in 1993 (from the high of late 1987) and did not do much other than range at a bit higher price after that. There is another trendline we are below that dates back to highs in 1987 and 1996. That trendline is at approx $350 currently. Short term we are at the top of the channel that started at the Apr01 lows. justmusing