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

To: 2sigma who wrote (2090)	7/15/2002 9:49:14 AM
From: Jim Willie CB	Respond to of 89467

several gold(dollar) rest stops along way, a concern only after a substantial gold runup will a big correction with serious profitaking ensue that has not happened yet, imho a run for gold from #280 to #320 is not a big run the next run might be from #310 to #360 bear in mind that gold runs typically when panic sets in pullbacks will be interesting to watch after the next run, the longterm trend for gold will be clear and the entire world of technicians will climb onboard there will always be correction points for gold/dollar as for a 6-month "cyclical bull", I think you have your terms off such a rally would be a 6-month counter-trend rally within a secular bear I am unsure much of a rally like that will occur momentum is the name of this game and momentum is deteriorating for US markets watch the dollar, which is breaking down now / jim