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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (9545)4/7/1998 6:52:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 116764
 
Barry, gold forecaster updated: wavechart.com . Short term a sell, intermediate term still a buy, but deteriorating. Long term is still a buy.



To: yard_man who wrote (9545)4/7/1998 7:26:00 PM
From: bobby beara  Read Replies (2) | Respond to of 116764
 
Barry, the banking sector looking like it made a blow-off peak with the CCI merger:http://www.iqc.com/chart/default.asp?period=120&time=day&chart=bar&chart1=ma&symbol=%24BKX.X

I'm holding till probably till tomorrow or Thursday.

We are in the oversold area on the McClellan Oscillator, so we should be reaching an important bottom.

Here is a time study for you. It was 88 days from 10/27 to 1/12 and another 88 days from 1/12 till tommorrow. If we continue the sell-off it will be 3 of 4 days in the last 9 months (other being in August) where the Oscillator will be below -100.

Perfect set-up for the last hurrah that I'm expecting.

I just can't figure what is going to take the leadership with so many sectors looking peaky?

bwdik,
bb