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To: HoodBuilder who wrote (923)6/28/2002 9:29:59 AM
From: TraderXx  Read Replies (1) | Respond to of 1854
 
michael..I don't know where you are seeing inverse Head and shoulders on ANYTHING gold out there...especially the $XAU.X. In fact I see a H & S on the weekly chart of the $XAU.X. I even see MACD turning down after having seen a number of gold stocks even quadruple. Please show me your analysis because its just not there.

TraderXx



To: HoodBuilder who wrote (923)6/28/2002 9:29:59 AM
From: Jerry Olson  Read Replies (2) | Respond to of 1854
 
ohhh? your now a soothsayer?<G>

lemme put it this way mikey...the BPPREC is falling like a stone...if gold breaks it will plunge...

the USD is deeply o/s..and will dcb true...

but the VXN and the VIX are heavily overbought..on any 50% retrace from the lows to the highs on the fibo...

this market should pop nicely soon..