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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (50836)5/2/2002 12:31:37 PM
From: Clappy  Read Replies (1) of 65232
 
SilverBackGorilla,

I'm just sharing that e-wave stuff I told you about.

A break of 307 would indicate a near term top of this correction.
He still believes this is a bear market correction in gold.
It has one more leg down. A leg #5 according to him.
If it blows upwards past 326 then I think his scenario becomes rejected.

You might very well be right in your calls.
I'm hedged in that direction too. I just don't feel able to commit to gold or silver as much as you. It seems that you have 100% faith the time is now.Where I'm leaning closer to 60%.

Looking at the chart of the dollar I would think it has much more room to fall but he expects it to rebound way up once again.

We'll see.

I don't see why it will have to be such an extreme jump so quickly.
Sometimes these things just waffle around for a few years...

-GoldenRod
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