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Re: [RT] Relative Strength Warning



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Jeff:

You might have something there relative to a signal generated by the
crossing of a certain RSI level.   And of course the COT indicator is not
as straight forward as one would like.

Chas

----- Original Message -----
From: Jeff Redcay <jredcay@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, September 23, 2001 2:09 PM
Subject: Re: [RT] Relative Strength Warning


> 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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> > >
> > >
> > >
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http://docs.yahoo.com/info/terms/
> > >
> > >
> >
>
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