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To: mishedlo who wrote (71015)4/9/2003 5:49:48 PM
From: NOW  Respond to of 209892
 
recent highs in the $ and Dow seem so pivotal that one would think we need to approach tehm again just to maximally fu#$ with everyone....



To: mishedlo who wrote (71015)4/9/2003 7:43:52 PM
From: nspolar  Respond to of 209892
 
mish, the move off the recent highs so far has a rather impulsive look to me.

I have those same counts, plus other possibilities.

My most bearish other possibilities include targets of 95 or even 90.

It appears in any event there is very strong linkage between the dollar, broader markets, gold and gold indices. Right now I'm in the camp we are in for long road down in the broader markets, a la Zeev prediction, but I'm trying to keep an open mind. This last correction was a little scary, even for my patient style.

Bonds are yet another piece in the puzzle. Passing on an article recently passed on to me by a good cyber friend. Recommended reading.

mises.org