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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (26411)1/24/2003 1:35:24 PM
From: Arik T.G.  Read Replies (2) | Respond to of 36161
 
Special Bulletin

Gold

Made the 370.2 in the front contract today and almost reached my 371-373 target.

USD

Euro broke up today from a 20 days rising wedge in what looks like an exhaustion move.

SPX

Completed a 5er from the 935 high and reached 859 support.

Conclusion

A correction should start not later then Monday, and in the stock market (a bold prediction) maybe even today (SPX first has to print 872.5 to confirm)

Edit: Gold closed off the highs at 368.0 so I guess it could still make my target Monday early morning in Asian trading.

ATG