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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: The Perfect Hedge who wrote (7445)	9/18/1998 9:45:00 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 34811

Preston, I was in ABX for a couple of days (rode it up for a big $1). The chart never really filled out and I ditched it for something more active. NEM and the XAU both look decent. If you look at XAU it looks to be forming a triangle with the BRL on the topside. A move in the XAU to 72 would be pretty convincing. NEM looks good, but still below BRL and RS still negative. I have gotten burned on the precious metals before so until we get above BRL and positive RS, I will probably stick with the techies. Tom