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To: NOW who wrote (133034)5/24/2006 4:19:03 PM
From: skinowski  Respond to of 209892
 
Could be, but the count is... arguable. The run up to the recent top looks pretty impulsive. Both HUI and XAU are testing their 144 dma's. The decline in GLD without doubt fulfills the description of an impulse. COT doesn't seem of much help here.