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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ru2 who wrote (83554)12/16/2002 10:35:02 PM
From: bobby beara  Read Replies (3) | Respond to of 99985
 
U got any clean counts<<<<

nothing clean on the short term, but it appears that the triangle that has developed over the last 5 months is something of a 4th wave from the october 00 lows, but that doesn't even count clean in some respects.

now even on the worse performing gold stock index the 20, 50 & 200dma are all heading up, hard to find on any sector index these days -g-

stockcharts.com[w,a]daclyyay[df][pb20!b50][vc60][iUb14]&pref=G

today may have kicked off the santa rally though, and the gold stocks are pretty overbought and at areas of resistance.