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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: megazoo who wrote (3137)	7/5/2002 3:02:20 PM
From: Jeff	Respond to of 30712

gold is under major manipulation by some very big players..... the dow hasn't crashed yet.....and everybody thinks the nasdaq has bottomed and are trying to buy cheap techs thinking the bottom must be in so why buy gold stocks.... its when the nasdaq breaks this bottom....and dow joins the crash that folks will finally throw away tech stocks and think gold..... so on the retrace chart....even if nasdaq crashes to 1200 area....it still ramps back to 1400..... but then after that ramp....the next crash is to 1000....and thats the one where the dow should join in and gold should get going again.... but that one should be around october.... personally....if the nasdaq does crash to 1200....i'm going to be watching golds close because the big boys will be loading that up as the nasdaq ramps back to 1400.....and be already sitting in golds before the nasdaq crashes to 1000.....and then as the crowds rush to golds....the big boys will be selling nice and high to them.... thats just something i'll be watching for..... first things first.....we are only in a sucker run from the sept bottom failure....we still have a few more stages to work through....