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Stig O,
I see that the sharp move up in Gold on Wednesday happened with a sharp
increase in open interest...looks like maybe this rally in Gold won't be
just another one of those sharp short-covering rallies Gold is prone to...
Now why would gold be rising and bonds falling? Hmmmmmmmm
R
-----Original Message-----
From: Stig O [mailto:olausson@xxxxxxxxxx]
Sent: 09 May 2001 21:57
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] BREAK OUT!!!
We have break out!
check this out!!!!!!!
http://www2.marketwatch.com/tools/stockresearch/screener/results.asp?state=4
&exchange=0&siteID=mktw&s10=1&s10p1=54&col=0&col=4&col=1&col=5&col=2&col=3&c
ol=14&sort=45&sortd=0&numresults=25&screen_me.x=32&screen_me.y=12
If you you can't connect, the gif will show you what it's all about.
These stocks are moving, not in a V bottom manner, but breaking out of
loooong grinding bottoms. Several breakouts today. Just choose and pick.
VERY strong bullish charts.
Check out gold. Island reversal today and it wasn't even at a bottom, just a
retracement.
Full moon bottom yesterday, It "should" have been a top. Good sign.
Looks like the RT Indicator is working.
Yesterday we had 118 posts in ONE day. And that was without any one big
issue beeing discussed. Lots of energy
looks like a top in Nasdaq.
The TA has been shown with gifs in earlier posts so I won't take up bandwith
with that.
Now the issue is GOLD
Stig
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