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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Terry Maloney who wrote (373598)9/3/2008 10:00:36 PM
From: Real Man  Read Replies (1) of 436258
 
Buck should be lower, gold higher, oil higher, stock market
lower. The rest is crony PPT stuff. They are powerful and use
derivatives to achieve intermediate trend change. After
that it's either the buck lower or stocks lower or both,
with SXP/gold ratio making new lows.
One has to respect them, though. Intermediate term trend is
now up for the buck. The next stage of the credit crisis will
be the dump for the treasuries. For now they have perception
of safety, and perception is reality -g-

Correction in a bear trend. <G>

stockcharts.com

I own gold, don't trade it, and personally shifted portfolio
more toward PM stocks into this dump. It is still conservative.
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