Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: pater tenebrarum who wrote (5326)	12/17/2001 6:26:56 AM
From: Arik T.G.	Read Replies (1) of 36161

Heinz, I agree wholeheartedly, and what's more important: the charts (the markets) start to agree. Friday's move in Gold made a local higher high after a local lower low, which is bullish. Also Dollar Index has a very ugly chart. Heading straight to the 113 area. Message 16778706 The long bond yield (TYX) double bottomed with the 1998 low, and made a vertical ascent from there. Could be that foreigners are starting to lighten up on US bonds, weakening the USD. There is now a strong case, both economically and practically, against the USD. ATG

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