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To: Perspective who wrote (58105)10/30/2002 8:20:30 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
bobcor, do you follow cycles?

A few weeks ago jan vandermeer posted a chart of a 27-week cycle on XAU, which currently has about another 5 weeks left in its current down cycle. Does an early December low match up with your longer term wave scenario on the miners?



To: Perspective who wrote (58105)10/30/2002 8:37:39 PM
From: At_The_Ask  Respond to of 209892
 
It sound like we are seeing the same thing. The move from the 00 lows looks corrective. From the sept highs it looks to have made a b of b down, too messy to be a C. It may go up and make a marginal new high,(C of B), but I think it has a c down somewhere in the near future. Physical could possibly make a lower low long term.