Re: [RT] Relative Strength Warning

[Jeff Redcay <jredcay@xxxxxxxxxxxxxx>]

Thanks for your insights, never fighting commercials is a rule.  Just to point
out that there is a chance (after the big shorts are happy, of course) that gold
may indeed make another top in the future as viewed with an eye to the RSI
index.  And that is a longer term perspective naturally.

Jeff




charles meyer wrote:

> Jeff:
>
> Commercials are heavily short.  Just a thought; and no joke intended.
>
> Chas
>
> ----- Original Message -----
> From: Jeff Redcay <jredcay@xxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, September 23, 2001 1:47 PM
> Subject: [RT] Relative Strength Warning
>
> > Back in 1996 Gold made a fairly major top.  In following Gold's relative
> > strength to the DJIA from that period until now, it appears, using
> > trendline analysis that a switch into Gold tradeables may be more than
> > just a thought!  Any thoughts?
> >
> >
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