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Gerry,
I too am watching closely the gold and silver markets. Although we have
broken below the symmetrical supports that I was looking for, I find it
very interesting that the XAU has made a near perfect symmetrical
match...take a look. This could portend good news for the underlying
stocks. Obviously, I am a little concerned with the futures markets but it
is a little too early to give up on this market especially after its recent
rally last month. I think we are just seeing some backing and filling
right now.
John Boggio
At 12:05 PM 10/22/97 -0400, you wrote:
>John....
>
>Please keep us in mind vis a vis Gold Futures.....that last
>SymmWave pattern was costly.
>
>I am watching like a hawk for anything that looks like a reveral
>pattern.
>
>Currency problems in the Far East would favor gold and commodities
>in general.....but, it has to play out in the market.
>
>GerryB/jer33:3
>learner/teacher
>
>
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