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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (41234)9/9/2005 6:12:45 PM
From: orkrious  Read Replies (1) of 110194
 
We may be getting the rate hike afterall, and could go inverted (short rates up, long rates down more)...The gold COTs last week showed good traction for the move, and new highs beckon and seem likely (and in turn may signal the Wizards they need to take action?), but you may want to think twice about being long PMs on a trading basis now going into the 9/20 meeting. There are only a couple more weeks of favorable seasonality too. Kind of a nail biter, because there are some nice charts, also ready to break to new intermediate term highs:

Maybe gold is rallying on the anticipation of the hikes stopping. whether or not it's 9/20 or the following meeting doesn't matter. the hikes are going to end sooner or later. then gold really takes off

regarding the stock market, this link posted on fleck today showing what the market does while the fed is raising and lowering says it all. too bad it doesn't go back 20 years. regardless, odds are when they stop it's lights out for the mkt

bigpicture.typepad.com
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