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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (52212)9/2/2002 9:09:24 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Rummy Japanese market. -g Could just as easily bounce around back up to around previous swing high (the top of the green channel on this chart), then it would head to new lows with more vigor. This read sees everything from the '5' low on that chart as corrective, with a swing out of these lows for a decent rally as the last move in the correction.

This chart was posted here in mid-July, but you get hte idea:

angelfire.com



To: stomper who wrote (52212)9/3/2002 7:27:20 AM
From: Clappy  Read Replies (1) | Respond to of 209892
 
FWIW, (which probably isn't much in the U.S. scheme) but Nikkei just busted 18 year lows.

This may fare well for gold.

The Japanese may soon begin stuffing the mattresses again with it like they did back in Jan.- Feb.

Hochberg is expecting a run in the area of Gold 320.
He also seems to like silver's chances here for a few weeks.
elliottwave.com
(pay-per-view site)


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