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To: At_The_Ask who wrote (72230)4/26/2003 10:25:44 PM
From: John Madarasz  Read Replies (2) | Respond to of 209892
 
while comex gold was making it's highs 2 bars into Feb '03,

xau, hui and gox were all putting in lower highs...

i have to lean that it's a neg divergence short term.

there's a bit of a conundrum as the 81 td cycle high for CG comes in on or around may 28th '03, and that should be a time for some serious cycle lows in U.S. equities.

I think It will be a lower high for the pog.

I'd like to buy a possible LOW 40.5 trading days after 5/29/03 in physical and select pm's, as equities extend a rally out of the morass.

Nice work lately, thxs for taking the time to share



To: At_The_Ask who wrote (72230)4/27/2003 9:43:01 AM
From: skinowski  Read Replies (2) | Respond to of 209892
 
"NOVUS ORDO SECLORUM", eh... ;-) Cool.

Mat Oniscka published remarks on gold. Sees the decline as a 3 wave corrective. Crucial support for the advance is 327.50. (I eyeballed yesterday 327). Needs a break above 341 to create an overlap with the "A" (or 1?) bottom. Doesn't think the metal will break 341 on the first try.

216.239.37.120

He also has new ones on SPX...

216.239.37.120

...and NDX. (I'll need to read them later - right now my wife insists that I waste some time on having a life. Personally, I think that such an idea is too abstract and way overrated... g/ng)

216.239.37.120