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To: Broken_Clock who wrote (31926)4/16/1999 3:57:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 116764
 
The XAU is very close to a trend change.

34 DEMA has turned positive
55 DEMA has turned positive
50 DSMA is about to turn positive
89 DEMA is about to go positive
XAU trading above its 89 DEMA at 63.94
200 DEMA and 200 DSMA are in the 67-68 range.

When the first four go positive, the IT trend is up.

If "they" are going to turn it back, "they" will do it now.

Jim



To: Broken_Clock who wrote (31926)4/16/1999 5:02:00 PM
From: sea_urchin  Respond to of 116764
 
Papaya : XAU etc look very strong. Can't argue with that.

Even if this isn't the real thing and price falls back, people who are interested should have some gold in their portfolios. Resource shares in SAf have been the strongest market section for weeks already.


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