Re: [CANSLIM] Gold setups

From: AJAskey@aol.com
Subject: Re: [CANSLIM] Gold setups
Date: Tue, 24 Sep 2002 23:12:14 EDT

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In a message dated 9/24/2002 1:46:28 PM Central Daylight Time, 
ericjaenike@yahoo.com writes:


> Note also RGLD breakout leading the group, holding up well so far and acting 
> properly.
> 
> 

Eric,

I look at RGLD as acting poorly.  There has been very high volume in the past 
seven days with very little price movement.  It looks like distribution from 
the smart money to the dumb money to me.  I could be wrong but the good thing 
is the market always settles TA disagreements soon enough :)

Andy

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<HTML><FONT FACE=arial,helvetica><FONT  SIZE=2>In a message dated 9/24/2002 1:46:28 PM Central Daylight Time, ericjaenike@yahoo.com writes:<BR>
<BR>
<BR>
<BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">Note also RGLD breakout leading the group, holding up well so far and acting properly.<BR>
<BR>
</BLOCKQUOTE><BR>
<BR>
Eric,<BR>
<BR>
I look at RGLD as acting poorly.&nbsp; There has been very high volume in the past seven days with very little price movement.&nbsp; It looks like distribution from the smart money to the dumb money to me.&nbsp; I could be wrong but the good thing is the market always settles TA disagreements soon enough :)<BR>
<BR>
Andy</FONT></HTML>

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