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To: Tom Byron who wrote (3362)2/9/1999 11:04:00 PM
From: Tom Byron  Respond to of 81084
 
today's close of the russell 2000 put the weekly chart below the 89 ema line. of course, it's not the end of the week yet. but closing below the 89 ema is not a good sign.



To: Tom Byron who wrote (3362)2/9/1999 11:08:00 PM
From: Tom Byron  Read Replies (2) | Respond to of 81084
 
the 38 weeks xau cycle peak has now been reached. mgl.ca

the down part of the xau cycle has now begun....see spot run... see spot gold run...following the xau weekly index...(down)...(^.^)

and, of course, we are also into the bottoming (ending) of the longer term 114 weeks cycle. the coming together of the the two cycles is exerting mucho downward pressure.


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