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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lucretius who wrote (39869)5/8/1999 5:56:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
LT,

Forget gold for several reasons... JM and I picked up the gold article and I can tell you gold is down and down to stay unless China nucs us! Also, from what I understand, the relation between gold and bonds is 9 months (now THERE's a coincidence!), gold bottomed August 31st of last year. That puts interest rates highest near June 1st... by which time I would think we would be in the middle of a BK.

Trend beakdowns are occurring NOW based on the move starting with the early Sept bottom.

Historically, I have usually been early with my BK calls... not so sure I will be that far off this time... Wednesday may be early for the start but Monday may be late... hard to call it any closer than that.

All the caveats apply including IMHO, BWDIK and for any J6P reading this "DON'T BTD!"

Bill
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