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To: marketbrief.com who wrote (9699)4/9/1998 8:09:00 PM
From: Abner Hosmer  Read Replies (3) | Respond to of 116762
 
Hopefully bobby b and Tom Byron and Rich M. and some of the other techies will be of a mind to give you their opinion. I'm not a trader. My only thought is that I think there is still an incredible amount of overhang out there.



To: marketbrief.com who wrote (9699)4/9/1998 8:30:00 PM
From: Tom Byron  Read Replies (4) | Respond to of 116762
 
I work mainly with the XAU Index (The Philadelphia Gold and Silver Index) for analysis. The 10 weeks cycle for the XAU will be ending next Tuesday. It then will go into is 5 weeks up part of the 10 weeks cycle. The 38 and 114 weeks cycles are already moving towards their tops. Should reach their tops about the end of May. Once we get all three line up after Tues all going in the same direction, I'm expecting (hoping) for fireworks on the upside. For information and viewing of the various charts, please see Y.Auger's XAU with EW site. (I'm not an EW'er- elliot waver). mgl.ca ..click on weekly roundup remarks... and then scroll down to see options on various charts. The 10 weeks cycle chart is accessible at the Daily Chart page. Hope this is informative and helpful.