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Strategies & Market Trends : Group Theories -- Ignore unavailable to you. Want to Upgrade?

To: macavity who wrote (760)	10/21/2003 8:22:52 AM
From: macavity	Respond to of 1017

ST Outlook (Early Bird): US Market Indices. As mentioned before. ST_CHARTS are BEAR. If we can remain above Monday's Highs we will see them turn to NEUTRAL at the very least. However should HOURLY CHARTS turn down and be confirmed by stochastics BEFORE we take out last weeks highs I would look to go short. The most Bullish interpretation is that we are consolidating, a more bearish one would be that we would have just set a lower high. We clipped last week's low turning the IT_CHARTS down, so a lower high and lower low on daily bars here would indicate a failed rally. $AU looks a bit more healthy. Still looking for it to take out IT_PVTHIGHS at 376.60. Should any of $HUI, $XAU, or $AU take out IT_PVTLOWS then I am out of here, as LT_PVTCHARTS are pointing down. Long YG It appears to have taken out last weeks highs on my eSignal chart. My EOD data feed gives differing levels for the price of gold. No Idea why. -macavity