Thu September 28th 2006 Can Gold Fill Second Gap? by Mike Paulenoff, www.MPTrader.comToday's high so far in the GLD at 60.27 completely
filled the lowest of 3 unfilled gap areas left behind in
the aftermath of the Amaranth energy sector debacle.
The second gap will be filled at 60.99, and the highest
of the gaps will be closed at 62.82. For the time being,
my work argues that the GLD has enough technical
power to fill the second gap in the hours ahead-- prior
to the "need" for a digestion period.
MJP 9/28/06 12:15 PM ET 60.08
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