Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: TheSlowLane who wrote (1187)	12/18/2003 11:11:41 PM
From: Wade	Read Replies (1) of 48092

Thanks Paul. US Dollar keeps on sliding. I drew at 490-day linear regression line from Jan 02 to date. The line intercepts at 88.8 for today's value. We actually dropped to 87.8 today. So, it is 1 point below forecast and there is no indication of reversal of the trend. My 1-month forecast of the range of US Dollar index is 86.8 to 83.8. The most probable target is 85.3, which is at the middle of these two values. It will be the force to break out $416 resistance. Good luck. Wade

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