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Non-Tech : The Woodshed

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To: nspolar who started this subject5/12/2004 5:07:06 AM
From: nspolar  Read Replies (1) of 60910
 
Longterm Dollar Comments.

I am a longterm dollar bear, and think it ultimately will fall a long long ways. I have a certain amount of skepticism as to how far it falls over the next few months. It is possible imo that the scenario shown on the chart is developing. This scenario could take POG to new highs here, but it would get walloped back hard after. The really big rise in POG would have to wait until next year. The end of the 'C' would mark the end of the 2 and the start of the 3 down, which would be the monster.

Imo it pays to be vigilant. If I sense this scenario developing, I will dump out of golds more than likely 100 %, over the next few months.

ttrader.com\'s%20charts&id=427&d=2
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