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To: Paul Shread who wrote (13897)9/20/2001 7:48:23 AM
From: JRI  Respond to of 209892
 
What is the potential breakdown in gold chart telling us? That period of (accerlerated) deflation preceedes period of inflation? The former until end of year, the latter, starting next year?

Spoke with a venture capital buddy of mine last night...he's convinced things are going to get "a lot worse"....we both agreed that companies have been holding off until now w/layoffs, and as Michael Jackson (King of the (Bubble) Pop said at last year's World Music Awards...."you ain't seen nothin' yet" (eehee)-g



To: Paul Shread who wrote (13897)9/20/2001 10:11:22 AM
From: John Madarasz  Read Replies (2) | Respond to of 209892
 
Yes, a close above the right shoulder highs at 72.48 will invalidate the formation i think. Nevertheless, i'm treating it with respect until i see the cot's later this afternoon.

i'm convinced gold stocks will fool as many people as possible for the longest time possible. so far that line has held...

stockcharts.com


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