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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: steve susko who wrote (52056)	5/25/2002 10:13:03 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

everyone is expecting a gold pullback, not me 310-315 just broke as resistance I put on a post Thursday night my TA view for gold cupofcoffee at 325-330 speedbump at 355-360 target 375 I dont care to make daily and weekly forecasts but the resistance was just now broken before holiday weekend I expect it to resume toward 325 immediately all fundamentals support it name me one of my 20 Golden Reasons that is abating !!! all are gathering credibility and strength the only thing to half golden run is the USdollar I noticed on weekly chart, USdollar might soon see a bullish stochastic crossover if so, then that would lead to gold consolidating here but fundamentals for the dollar are worsening trade debt widening federal deficit growing stock market languishing world economy turmoil (Argentina et al) JPMorgan disintegrating hedged miners covering European press critical of US debts, deficits, strong dollar sorry, I see testing of next resistance this bullish view is reinforced by the big unspoken story in the last two weeks: JPMorgan recommended selling mine shares for profits THE GOLD MARKET RESPONDED WITH A BREAKOUT / jw sbg