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To: 4rthofjuly007 who wrote (66442)2/14/2003 11:24:09 AM
From: Perspective  Read Replies (1) | Respond to of 209892
 
Gold needed to correct its run from 300-390; at $345, it will have corrected 50% of the run. If it is just correcting the move off the $310 base, the .618 correction is at $340. These levels also correspond to the wave 4 of lesser degree. News, any news, causes corrections. Doesn't matter whether it supports or refutes the trend, it becomes the excuse for the correction. Such is funnymentals.

Dunno on the buck. I doubt it's got what it takes to retest the 104 breakdown. The tide is running hard against that one.

BC



To: 4rthofjuly007 who wrote (66442)2/14/2003 11:26:27 AM
From: marginmike  Read Replies (1) | Respond to of 209892
 
war will not be postponed. The USA will go it alone IMHO



To: 4rthofjuly007 who wrote (66442)2/14/2003 11:43:39 AM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
That turned out to be a gift for shorts. I think the S&P got slammed back right at its January DT line.


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