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Strategies & Market Trends : The Home Run

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To: gold 77 who wrote (214)	6/21/2006 3:34:46 PM
From: Patrick Slevin	Read Replies (1) of 525

I haven't looked at Silver yet, but I like the fact that Gold is trading now above 590. If I were you I would not allow it to go to 550 without taking something off the table on the way down, but 550 seems like a bit of a stretch at this point. I honestly don't know. I've been lax watching and I have to catch up tonight. I don't think you will be wrong where you are though. There appears to be a lot of support mid 500s. Crossing 600...... Depends on how that is accomplished. A sudden spike above 600 would not have me adding. A gradual move probably would.

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