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Strategies & Market Trends : Classic TA Workplace

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To: Haim R. Branisteanu who wrote (80298)	8/31/2003 8:54:39 PM
From: At_The_Ask	Read Replies (2) of 209892

I could write a bunch of coulds and ifs but I'll just give you my best guess and if it's wrong so be it. I would look for a flat to develop between 106.5\108 and the highs or maybe a bit over. Possibly a pull back all the way to 102.5 but I don't favor the idea. It could be in a range for several months but then I think it goes back to the 140's. Near term I think this is wave a of the flat and it should be pretty close to done if not already over. It's like soros said "I listened to what the secretary of the treasury is telling me" so he shorted it. Then when the fed folks say stuff like "I think it would be kind of fun to fight deflation."....rofl And they claim that the value of the dollar is not their department. The printing press determines it's value more than anything IMO.

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