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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (5194)	4/28/2004 6:48:13 PM
From: NOW	Read Replies (1) \| Respond to of 116555

again: why do you say that? a failure for whom? for the folks who have benefiited most all the way along, able to dump their shares to the govt trust set up to buy it and build their swiss nest eggs? I dont think so.

To: yard_man who wrote (5194)	4/28/2004 10:04:26 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Heinz on gold Date: Wed Apr 28 2004 18:04 trotsky (XAU RSI) ID#377387: Copyright © 2002 trotsky/Kitco Inc. All rights reserved the RSI on the XAU daily has hit a level that hasn't been visited often in the past 20 years. namely, 20, approximately. it only fell significantly BELOW 20 on occasion of the '87 crash. anyway, the good news is, that regardless of bull or bear market, such RSI readings have invariably been followed by a 30 - 50 point rally. interestingly, today's RSI reading is the lowest in 6 years!