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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: austrieconomist who wrote (18972)12/15/2004 9:56:50 PM
From: jimsioi  Respond to of 108711
 
VEry good Ted Butler off loantech's board, posted by ralph-emmerson

Among several good passages:
"in gold, the
big 50-, 100-, and 200-day moving averages have not
been violated (yet). It is the violation of the moving
averages that causes the tech funds to act. If
gold does violate its big moving averages, heavy
tech fund selling should be expected."

The 50 ema is a 434 the 100ema is at 424...

stockcharts.com[h,a]dacaynay[dc][pc50!c100!i!f][iLl14!Lp14,3,3!Le12,26,9!Lb14!Lm12!Lya7,14,28!Ld20][J40687629,Y]&pref=G

The entire article...thanks to Ralph for posting it...
Message 20861045