MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

Dec 1 4:00 PM EST

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To: Zardoz who wrote (18014)	6/21/1999 11:06:00 AM
From: Lucretius	Read Replies (2) of 99985

HO HO HO.. yes, calling me names makes you look less of an idiot -g-... of course, all roads lead to a lower gold price, right? HO HO HO -g- as i said.. I don't believe you understand the relationships between the assets you are discussing. stocks have risen everyday that bonds have fallen since Oct '98... I guess that menas that as long as bonds fall stocks will keep rising according to your logic, right? LOL!!! I believe some real morons thought the same thing in 1987... ahhhh, the extrapolation of trends simply because they are there often confuse those who do not understand the fundamental relationships between the assets. yes, gold has fallen as rates have fallen and gold has fallen as rates has risen... so under your logic... gold will always fall. One must of course assume a higher dollar under this moronic scenario. But the buck cannot rise if yields rise and implode the stock mkt which will implode our currency which will lead to a monster gold rally.

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