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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (23603)12/16/2002 10:37:52 PM
From: Roebear  Read Replies (1) | Respond to of 36161
 
Canuck Dave,
You are not kidding, quite a drop after such a nice day in the stock market. (Which was odd BTW, with gold, oil AND the market all going up in one day!) Perhaps someone tonight has a lead on the economic news of tomorrow?

I made a remark in a post a month or two back that the horse (gold) was going where the rider (Fed) wanted it to go. I did not explain with the () however.

If someone did catch my meaning at the time, the remark must have seemed incongruous. Indeed it was my only worry, having gone fully into PM's just before the ditching of O'Neil.
When I heard that news I thought, they are going to change policy and if it is back to strong dollar then it's going to be quite a fight and could delay the gold breakout past my anticipated time frames.

But now it appears the horse IS going where the rider wants it to go.

Or it's a runaway horse, ggg!

Best,
Roebear



To: Canuck Dave who wrote (23603)12/16/2002 11:02:08 PM
From: Little Joe  Read Replies (2) | Respond to of 36161
 
Dave:

Watch Commodity index has consolidated in new high territory. The inflation is coming.

Little joe