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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (34921)1/31/2003 8:22:07 AM
From: re3  Read Replies (2) | Respond to of 59879
 
its never over till its over -g-



To: TATRADER who wrote (34921)2/1/2003 3:24:19 AM
From: GTC Trader  Read Replies (3) | Respond to of 59879
 
<< I am about ready to concede... >>

Message 18308146

<< My prediction: gold bullion will touch 375 before January 30th, 2003... >>

Predicted on 12/06/02 with POG at about $325!

Mark,

Yes, POG failed to get to 375 by midnight tonight, BUT you were within $1.30! AWESOME CALL !!!

By the way, what do you think of the 5-year H&S bottom that seems to be forming on the XAU:
bigcharts.marketwatch.com
The 10-year chart shows it best.
With the head at 40 and the neck at 90, if my math is accurate, wouldn't a close above 90 portend a move to 140 ???
I would think a close above 90 is assured, if not imminent.
Granted there were multiple left shoulders that took 2 years to form, and the right shoulder has only been in the making for about 8 months, but I don't think the XAU will wait another 16 months before heading north sharply.

Do you agree with the above reading?
What is the timeframe that would be associated with XAU=140?

Still waiting for CDE to fly. I think February will be the month.

Go Gold!

Ken