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To: crustyoldprospector who wrote (14144)7/16/2003 7:16:22 AM
From: Louis V. Lambrecht  Respond to of 39344
 
I have the same Fibonacci retracements on the Dollar Index. Funny how some instruments price at those levels.
(I'm better served on silver with fixed 1/4th).

On the Euro, I have a H&S (with a double head) measured 1.087 (or call that H&S an "M" top). Not seen on the Dollar idx, would correspond to the 78% retracement. And 200 DMA by that time. And yes, gap, and s/r from Jan,... and round number.



To: crustyoldprospector who wrote (14144)7/16/2003 8:30:51 AM
From: gold$10k  Read Replies (1) | Respond to of 39344
 
Crusty,

<<Maybe XAU goes to 78>>

Did you mean 68? XAU is already below 75 and my scenario calls for 65 - 71.

Regards,

vt