Dorsey Wright & Associates. Point and Figure Message Board

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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Al Serrao who wrote (9204)	12/17/2000 9:23:37 AM
From: wizzards wine	Read Replies (1) of 9427

Hi Al, Sorry for the delay but I've not been following the SI board closely ;<( Look at the following site for a P&F view of gold the-privateer.com This chart shows that the last buy signal before the current on given in the past 2 weeks did not trigger the upward move so typical of the past. There are 2 other charts with differing scaling that have not given a buy signal yet at the same site. Having said that, the chart seems a bit range bound. Also take into consideration that the US government does not like gold prices going up too much as that indicates inflation....and we do not have any of that, do we???? My view is that we do have increasing inflation and are already in a recession... The fed will try to do what ever it can to soften the landing, but it's likely to late for any effecttive measures... Just my view, and I could be wrong...but I've been saying this for months now and most of what I have been saying ios or has come true... Happy Holidays to All Preston

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