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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: h8_2_b_l8 who wrote (15372)	12/5/2002 11:13:14 PM
From: bobby beara	Respond to of 19219

that's a fascinatin indu/xau ratio, i've been watchin that gold triangle like a hawk for an E wave low and i believe we pegged it on dec 2, assets in rydex pm have shrunk down to 50m, while we are in a bull market in PM's that may be a higher low in assets, - bear market low in assets was 20m, and i believe the extreme high in late may was around 120m. it will be interesting to see of they can break the metal above the summer high here, hoooooo aaaaaaaah more possible bearish info, stockcharts.com the brit market is making a triangle from last summer and never broke out and confirmed the us markets (and the us markets (spx/dow/nyse) didn't confirm the breakout in the naz, right now the breakout in the nas looks like an island reversal, bull trap.