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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (242)	3/30/1999 12:26:00 AM
From: keith massey	Read Replies (1) \| Respond to of 5053

Just looking at the 10 year chart to try and get a feel for what we are in for in the next couple of week. Other than exhaustion moves every gap-up on volume has resulted in a substantial prolonged run. I see $1.42-1.47 as our next serious resistance point. This is based on peaks in Nov 97, May 97, Nov-Dec 96 and lesser on the run-ups in 92 and 94 and support in Dec 96. All standard indicators are now bullish -MACD (13,39,89), (12,26,9) and (8,17,9) are now all long -StochRSI(8,5) just bounced off 30 and is moving up -DAHL positive and climbing -Stochastic (3,5,3) crossed through 30 last week and is moving up -SAR has been positive for three weeks -All standard momentum indicators (e.g ROC, EOM, etc.) are showing a build up in momentum As of March 15 the 200 day Moving Average is moving upwards for the first time since Oct 1995. The last time the 200 day Moving Average turned positive in Oct 95 JDX ran .50 to $3.70 over a 5 month period. Lets hope history repeats itself. I won't even bother with the fundamentals since the chart now says it all. Best Regards KEITH