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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (3293)	8/31/1998 9:54:00 AM
From: bobby beara	Read Replies (3) \| Respond to of 5676

Arik, do you follow gold. We may have had a capitulation bottom in the XAU on Friday. I'm having trouble figuring out the wave count. From the 4/22 top we have either just finished wave 5 of 3 or just plain wave 5. Look at that vertical drop. $USD took a big dive on Friday and will get shot along with our market - correct? ABX was below $13 and even if gold goes nowhere, they still make money on their hedge contracts. I bought a few ABX calls on Friday. bb