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Strategies & Market Trends : Strictly: Drilling II

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To: Zeev Hed who wrote (2603)10/9/2001 5:33:49 PM
From: Davy Crockett  Read Replies (1) of 36161
 
Hi Zeev,

I really, really, respect your fundamental & TA stuff.

I just found it interesting that JPM has apparently folded their charts (err.. cards), & have gone long Gold
since Feb/March/2001.

I'm too tired to look up those articles, so I was thinking u might be interested in checking it out.

BTW, I'm not a Gold bug. I play the same charts just like u.
BTW, What do c that I am missing??

Regards,
Peter

ps. Gold to me @ this price level is signaling inflation down the road...

If I'm wrong & this is a deflationary scenario... I will be strong & long Gold.

& so today & this week we have had the GPM close down... SO????

IMHO, depending on the time period u r buying, Gold looks like a buying opportunity to me & not a selling opp. but again... what do I know???????

bigcharts.marketwatch.com

Gold has been in an uptrend since Nov & April of this past year. Check out the monthly, weekly & daily charts....

Signals have not been negated, notwithstanding todays action IMO
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