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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (6064)	12/18/2002 12:23:14 AM
From: Claude Cormier	Read Replies (3) \| Respond to of 39344

I am not familiar with candlestick patterns. But on a wave basis, there is one missing to complete the short term pattern. I think the $XAU will move to above yesterday's high. I will get very worried if the $XAU break 71 or gold moves below $327.

To: Little Joe who wrote (6064)	12/18/2002 12:56:20 PM
From: Jon Matz	Read Replies (1) \| Respond to of 39344

Little Joe, is this was you are referring to? Engulfing Bearish An uptrend is in place when a small white body day occurs with not much volume. The next day, prices open at new highs and then quickly sell off. The sell-off is sustained by high volume and finally closes below the open of the previous day. Emotionally, the uptrend has been damaged. If the next third)days prices remain lower, a major reversal of the uptrend has occurred. If so, we need a close lower than Monday's. Personally I hope you are astounded! Cheers, Jon