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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (16024)10/13/2004 8:58:46 AM
From: Amark$p  Read Replies (1) of 312971
 
May be just gold taking a nice whacking prior to the US trade deficit numbers on Thursday... If POG continues to get whacked after the deficit numbers, then there is certainly a real problem... Seems for past several months they like to keep gold/US$ in a trading range. If gold was above $420 prior to bad deficit numbers, then it would most certainly be a huge breakout over $430... Now that they have whacked gold, bad US deficit numbers will likely just get POG back to $420...
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