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To: Shack who wrote (93011)	3/10/2004 10:25:35 PM
From: skinowski	Respond to of 209892

$$ index on the hourly is developing a wedge-like shape, and seems to proceed on waning momentum... but the net result is that it's grinding up. Right now getting close to the 78.6% retracement of the recent decline. On HUI a fall of 215.80 may promptly lead to a test of the 2/2 low.

To: Shack who wrote (93011)	3/10/2004 10:27:11 PM
From: nspolar	Respond to of 209892

Yah just razzing ya a little Shack. Not only BGO imo. Folks get all worked up over a few ticks in pms and it does them in. Time and time again. It may go it may not .... gold futs held reasonably well today imo. Gold has slowly been strengthening vis a vis the dollar of late, not the opposite. I have a possible turn for tomorrow in the dollar ... Asian action tonight is key imo. I have a fibo hit on the dollar at this level, and it is losing mo here at the moment. Dollar does not normally ramp up from current state.