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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: SOROS who wrote (26114)2/9/2005 11:34:17 AM
From: Wyätt Gwyön   of 110194
 
the 200 dma and 40 wma top out at around 86.75. look at the way the 40 wma basically magneted previous breakouts. based on past experience, it seems it could go over by a little bit, say to 87.5 or so. or maybe it won't even make it there.

i think the most interesting thing would be if USD DOES break out to 90 or so, but gold goes up anyway from the 410 level. that is the "gold up against all currencies" scenario.
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