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To: John Pitera who wrote (33868)4/15/1999 3:52:00 PM
From: Terry Whitman  Read Replies (1) | Respond to of 86076
 
XAU is busting out of the downtrend line off the recent tops-
decisionpoint.com

Barring a sell off manana, I will be adding to my longs for the MEGA Gold rally of the decade! <g>

Got gold?



To: John Pitera who wrote (33868)4/15/1999 4:20:00 PM
From: bill meehan  Respond to of 86076
 
I saw the new high in the CYC this morning, and it does look extended. However, given that almost all "investors" are momentum driven, we could see further upside after overbought condition is alleviated. A client told me this morning that entire CYC is smaller than INTC's market cap. (Haven't verified.)

I thought we'd get some bounce in the NDX after the futures were limit down for the third time this week, but to make a new daily high? Amazing.


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