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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (10070)	11/5/1998 3:46:00 PM
From: Sergio H	Respond to of 29382

<I did not know that sideways could be considered a trend for oil. I wouldn't bet on an uptrend in gold which I believe is what your chart is trying to tell me.> Jose, I'm starting to think that you're stalking me (g). The oil chart is not just moving sideways. It's a downtrend. The gold chart predicted the run-up this week. Gold was up 8% yesterday and 7% today. The Russell 2000 broke above it's old trading range last week and is moving on up into a new neighborhood. Remember that the Russell 2000 is made up of mostly financial type stocks. APCO's chart looks very similar to the Russell 2000's. Look at APCO today, by the way. Sergio PS, Congrats on the success of your stock so far in our contest. The TA for your stock however does not look very good right now.