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Gold/Mining/Energy : Chesapeake Gold (CKG.V)

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To: Frank Pembleton who wrote (660)5/29/2003 11:19:49 AM
From: Claude Cormier  Read Replies (1) of 7835
 
<You sure we're not in the midst of a pm bear or at the very least the start of one? >

No I am not sure. It is a possibility, but a low probability. I gave a 10% rating to this event sometimes last year. That is the Elliot Wave Theory call. Gold going back sub $300 and making new lows. I prefer my idea of a trading range for the year.

> The banks have been leading this so-called recovery-- and >all that cheap Iraqi oil on the horizon? It's even got Jim >Sinclair telling his herd to use a tight stop-loss.

I can only see the DOW topping here. Haven't look at the banks. But can they go up alone?
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