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Yes agree with your reading re re XAU chart fwiw...HUI chart not as bad
though ..& HUI said to be more
representative of gold stocks these days by purists..fwiw..
Having said that my analysis of Australia's largest gold stocks says
...likely bottom not before early to mid august fwiw...
Having said that (lol)..I note as I type pog is up almost $4.00 atm,..to
320.5
Michael
----- Original Message -----
From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, July 16, 2002 7:24 AM
Subject: RE: [RT] XAU
> VERY, very bearish chart......the big run-up is already over...
> if it couldn't rally today, then forget it....it's done.
>
> > -----Original Message-----
> > From: Daniel Goncharoff [mailto:thegonch@xxxxxxxxxx]
> > Sent: Monday, July 15, 2002 2:08 PM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: [RT] XAU
> >
> >
> > Anyone else think it is strange that XAU is weak today, on such a weak
> > day for stocks? Makes me think we have an absence of stock buyers rather
> > than 'new' sellers.
> >
> > The XAU is still inside the 78.75-74 range where it has bounced for the
> > past few days.
> >
> > Regards
> > DanG
> >
> >
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> >
> >
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> >
> >
> >
>
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>
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