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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Clappy who wrote (359)6/11/2002 1:41:01 PM
From: Jim Willie CB  Respond to of 89467
 
HUI bouncing off 50day Moving Average
it got ahead of itself
it might have been pricing in a steady gold rise that would experience no price pullbacks ever

yes, a trendline break
with a near symmetric reversal from May's rise
let's see if a new trendline emerges, one with a less ambitious slope

now, reality
the Gold Cabal is a powerful bunch
but I really dont think we have seen their signature yet
I think it will come with an announced Central Bank auction
/ jim