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Strategies & Market Trends : Ride the Tiger with CD

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To: TheBusDriver who wrote (2919)	1/24/2004 5:22:44 PM
From: Louis V. Lambrecht	Read Replies (2) of 313817

Wayne, I sat at my screens today and dropped some lines: - The trend in gold prices is in a manageable channel upwards. - Price could correct even towards 350 with gold prices remaining in a bullish pattern. - Lease rates are not indicative (unless they shoot over 1%). - CoT commercial short positions are trending, still indicative of accrued interest in the futures market. - 8-Year gold cycle is a bet: we are at the top or we have 2 more years to go. Charts and arguments here: lvlamb.itgo.com

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