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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (26075)12/13/2002 6:32:34 AM
From: smolejv@gmx.net  Respond to of 74559
 
Hi PB - thanks for adjusting my calender - re xpiry.

Here's an alternative reading of golden entrails

JIM CHOREK, TECHNICAL ANALYST, CHOREK.COM
DOLLAR/YEN --....GOLD - "Spot gold is surging ahead, after completing its wave two correction from $329.10 at $322.20, well above the $320.82 support (61.8 percent of wave 1). The recent rise above $326.46 (61.8 percent of $329.10-$322.20) confirms the bull's return in wave three. It is now moving above the $392.10 wave two high and should soon conquer the $331.15 wave three high. Penetration will target $335.62, where wave three would equal 61.8 percent of the distance traveled in wave one."