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Strategies & Market Trends : The New Bull Market. -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (1017)7/23/2002 1:31:59 PM
From: Chip McVickar  Respond to of 1750
 
dollar gaped up 1.50 and gold took off lower

IMHO.. a buying opportunity....



To: Rich1 who wrote (1017)7/23/2002 3:38:09 PM
From: Chip McVickar  Read Replies (1) | Respond to of 1750
 
Rich1,

Nice site for following and timing gold
Their measures of momentum do fairly well, but are not specifically accurate as the pitchfork for entries.
quotes.barchart.com

Today's low 311.50 sits exactly on a median line off a the high in Feb '02

Furthermore a downward median line from 6/24/02 crosses the first median line tomorrow wed 24th
charts.barchart.com

Finally at 11:00 a forward Time Projection [TP] arrives..., it's a 'window of opportunity for movement' and often brings a reversal of trend that comes into this exact time...., but not always...! Give the TP 30min either side for exact timing any sells or purchases.

To break lower from this area, puts the price of Gold at 300 or 292±



To: Rich1 who wrote (1017)7/23/2002 3:52:13 PM
From: GROUND ZERO™  Respond to of 1750
 
I agree with you on gold, it sucks, I was stopped out when Oct broke 320, it looks like it's stuck in a trading range between 310 and 330, but I just don't trust the up side, it's too iffy...

GZ



To: Rich1 who wrote (1017)7/23/2002 3:55:11 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 1750
 
I'll have to hold off on sending any further CLX updates until yahoo repairs their site, they told me many people are having that same problem...

GZ