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To: sea_biscuit who wrote (374284)3/20/2003 2:52:01 AM
From: JEB  Respond to of 769670
 
Be careful on gold, ...people will want to own it still even after the fall of Iraq (hedge position). It won't fall heavily but will set up a lower stronger support area. Moves will be slower than in stocks. Long term (3 yr) ascending support is around 58 (+ progressively) and 58 1/2 by end of this month. It's a must hold or will be in a "no mans land" pattern searching for a new pattern and support area.


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