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

To: Jeff Jordan who wrote (38032)	7/16/2002 5:52:49 PM
From: J.B.C.	Read Replies (2) \| Respond to of 52237

Jerry is looking purely at supply and demand is is basically right on, right now gold is being sold. XAU on P & F has support @ 62, I also expect to see it there as well. I think that Jerry like myself could care less about the fundamentals, the facts can't be disputed in supply and demand, and right now ther is a supply of gold related investments being sold, the Point and Figure charts don't lie. Jim

To: Jeff Jordan who wrote (38032)	7/16/2002 6:02:14 PM
From: J.B.C.	Read Replies (1) \| Respond to of 52237

PS: this is likely the futures chart that Jerry is looking at, bottom line is it looks that gold should be sold on the rally to 321. significant support was broken on the move from 325 to 311, any subsequent rallies should be shorted. 334 334 333 333 332 332 331 X 331 330 --------------------------X --X O -----------------------------------------330 329 X O X O 329 328 X X O X O X 328 327 X O X 6 X O X O X * 327 326 X O X O O X O X O X * 326 325 ----------------------X O ------O X O --------X O X O * -------------------325 324 X X O X O X X O X O * 324 323 X O X O X O X O X O X O * 323 322 X O X O O X X O X O X O * 322 321 X O O X O X O X O X O X 321 320 ------------------X ----------------O X O X O X O X O --------X -----------320 319 X O X O X O X O * O X 319 318 X O X O O * * O X X Med318 317 X O * * O X O X 317 316 X * O X X O X 316 315 ----------X ------X ------------------* ------------O X O X O X -----------315 314 X O X * O 7 O X O 314 313 X X O X X * O X O X 313 312 X O 5 X O X O X * O X O X 312 311 X O X O X O X O X * O O X 311 310 --X O X O X O --O X --------* --------------------------O X ---------------310 309 X O O O X * O 309 308 X O * 308 307 X * 307 306 O X * 306 305 O X --------------* -------------------------------------------------------305 304 O X * 304 303 O * 303 302 * 302 301 * 301 300 --------* -----------------------------------------------------------------300 299 * 299