[EMAIL PROTECTED] wrote: > > http://futures.tradingcharts.com/chart/GD/61 > > As Bob called it, another big "test" coming in tomorrow's trading. > > MAJOR HISTORY could be made. > > IF gold goes down through that channel tomorrow, the price is fucked > and it will go down to 200 over the next few weeks. (It will beat the > lows of April.) > > Hopefully (if you're long, anyway) it will continue in the channel. > > Observe that like i mentioned it appears to be going flag-spike-flag-spike etc. > > the tip of the second "flag" is upon us. Any move will be dramatic, again. > > Heartstopper! > > until it works its way over 275, dont breathe... > > ----------------------------------------------------------- > "Great ventures create great mottos." Yup, another one. Volume was down some from yesterday despite prices going up for both the COMEX August contract and nem. So I expect tomorrow to be sideways or down. There was a 2-b end of trend signal 3 days after the 8 down days in a row for the gold contract. It'll take some time to repair the % damage from the 8 down days. Assuming the double bottom (and the other 2 signals) holds. Of course if it wants to go quickly to 200, that would be fun too. But, if the last 2 weeks of nem's pattern is a flag on the way down, it would a be very strange thing as there was no end of trend signal when nem topped out around May 10th. There wasn't even distribution the day after nem topped. And there's been a pretty good correlation going on for some time now. Bob -- http://www.constructiongigs.com/ Use gold as money. It's easy. Create a free e-gold account here: http://www.e-gold.com/e-gold.asp?cid=101670 ConstructionGigs.com's PGP public key is here: http://www.constructiongigs.com/assets/DH-DSSkey.txt Fingerprint: 3C4D A63F 3C8B 2D7B 7E1A FFE8 9A2E 4D78 CAD6 66B7 --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
