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Strategies & Market Trends : Strictly: Drilling II

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To: Louis V. Lambrecht who wrote (26247)1/22/2003 2:57:39 PM
From: jimsioi  Read Replies (2) of 36161
 
See the rising wedge for Feb Gold

Louis, think I see your bearish wedge on the hourly chart here for Gold. Price either has to squirt up and move on quickly or fall down at least to one or more of the uptrends.. I favor the "squirt up" but with due respect to all the ardent "Correctionalists" who responded (in some cases adamantly) to my earlier posts (in public and in private) and asked that I not waiver and keep the faith (that GOLD would soon correct) I do see that possibility. We keep getting closer to HUI 100 all the time...

charts-d.quote.com:443/1015610357240?User=demo&Pswd=demo&DataType=GIF&Symbol=COMEX:gc03g&Interval=60&Permission=267943&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10
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