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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (37344)6/25/2002 7:03:28 AM
From: Jerry Olson  Respond to of 52237
 
LOL

Yeah Freddie your right on the money...

it's going to be interesting over the next 2-3 weeks here for both gold and the markets ingeneral..

i'm just following along here....i never predict! heh heh



To: Frederick Langford who wrote (37344)6/25/2002 11:29:46 AM
From: isopatch  Respond to of 52237
 
Another good Paul Kasriel comment.

Foreigners may be getting nervous with their very high exposure in dollar denominated holdings.

northerntrust.com

Dollar is headed much lower on any further exodus by foreign investors.

Isopatch



To: Frederick Langford who wrote (37344)6/25/2002 8:30:50 PM
From: Susan G  Read Replies (3) | Respond to of 52237
 
This is for you Fred, a beautiful bullflag forming on the weekly chart of the gold futures...

mywebpages.comcast.net

Every dip to the 10 EMA (pink) has been bought since January. Not once has it touched that 20EMA (blue) that futures longs love to buy - the well known as a weekly grail buy setup. I would think a break of that 20 EMA, at 311 would be negative, but since it hasn't even come close to touching it since January, longs will sure be waiting there. I doubt it breaks...

PS that chart was done an hour or so ago..looking at the live chart, it's up over 3 right now.