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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (18214)	11/18/2003 6:24:02 PM
From: Ken Reidy	Respond to of 19219

It is very difficult to get a handle on this market. Who knows what the next direction will be? The one thing that is obvious though is worldwide investment demand for Gold is accelerating and few are discussing it in the USA. Gold was pounded yesterday....and a day later we have gone to new highs. That is about as bullish as anything gets. What percentage of American investors have any type of Gold related investment? Imagine if the American Investor wakes up, realizes what is happening to the dollar and floods into the Gold Market. The result would rival internet mania, if not surpass it. The Gold and Silver market is tiny. I am a goldbug...we are loud, but we represent a very small percentage of investors in the USA. The Gold Market just gets more interesting all the time.