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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (58074)8/10/2000 12:49:44 PM
From: Saulamanca  Read Replies (2) | Respond to of 99985
 
DW, I should have said a lot of gold bulls on SI are calling for a bottom in gold, I don`t follow market vane. I don`t see any resemblance between the `82 dow chart and the chart of gold.

Now if you said there is a strong resemblance between the early `60s to the early `80s and the 1999 to the present dow chart... that I see:

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stockcharts.com[H,A]DACLYYMY[DE][PB50!B200!C20!D20,2][VC60][IUD20!LA12,26,9!LL14!LB14!LG]



To: da_cheif™ who wrote (58074)8/11/2000 12:43:52 AM
From: pater tenebrarum  Respond to of 99985
 
by the same token, dollar bulls are back at 92%...the negative correlation between gold and the dollar is one that works well most of the time.