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Non-Tech : The Woodshed

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To: SwampDogg who wrote (19963)1/15/2005 1:08:22 PM
From: nspolar  Read Replies (2) of 60911
 
I'd have to say SA's go with the Rand. Golds are not going to go up unless the dollar gets smacked, still too much coupling. They have not broken away. General markets show no inverse decoupling from the dollar yet either.

The dollar is in trouble, the Euro boys know it. That is why they are jive talking for the Asians to take some heat. There have been no bear counts affirmed yet imo, in gold or the indices. There have been no bull counts affirmed in the dollar. The dollar is at a juncture here a biggie, it looks like it may have already started down, else have a little pop left. That is my scoop.

It looks to me like several issues, including gold and the HUI are working on possible parabolic setups, for later this spring. Those bowl and parabolic analyses do have some merit. This is just as good a time to be buying as it was in 01/02. Corrections can be brutal and they can last a long time. Go back to Sept of 01 and look at KGC, and look what happened following. Imo this KGC formation and count is still similar. If it folds here I give, but it looks to be firming.
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