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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject2/7/2003 7:55:48 AM
From: jimsioi  Read Replies (1) of 36161
 
Dollar fighting at the 100 line

With employment numbers not too far away the dollar seems to be marching for the time being to a different drum...Will it get on above 100 for a strong weekly close to mirror Gold's???

charts-d.quote.com:443/1018861645530?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:DX00Y&Interval=60&Permission=342490&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10

With HMY breaking to new lows it would suggest the HUI will spill through its 50 day ema early on unless GOLD itself can hold a rally....glad to be short that one against others at this time. ...

free.sharenet.co.za

1240 on HMY in JSE is equal to $14.75 USD at the current 8.41 exchange rate

The decline is all the more mysterious given GOLD's temporary steadiness, we'll suspect from the Correctionalist point of view, at $371...

The day is setting up for one massive stop run if she goes negative.....

Gold by the tick.

informer2.comdirect.de
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