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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (1382)	10/10/2003 1:24:48 AM
From: Jim Willie CB	Respond to of 110194

a DXY handle under 90 will gain attention but by then you will hear bullshit nonsense propaganda about the bigtime benefits to multinational corporations incredible how much bullshit the illiterate public can be fed, chew, swallow, and even report as tasty / jim

To: Wade who wrote (1382)	10/10/2003 1:57:02 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 110194

technical analysis of longterm USDollar and GOLD * the momentum DXY swing from 92 to 99.5 now indicates a move to 92 - 7.5 = 84.5 it is obviously not that simple stockcharts.com[h,a]daclyyay[df][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G I see an Elliott Bear Wave system here the first triple leg down completed this early summer this constituted a major wave #1 completion the correction did not violate the winter highs just above 100 now we are set up for a major wave #3 A FUCHING MONSTER WAVE DOWN anyone who regards this as positive has rocks in his head, larceny in his heart, and utter deception as his primary motive just some simple Elliott arithmetic the major wave #1 went from 121 to 92, or 29 points major wave #3 typically is 50-60% larger than wave #1 so 44-47 points down is the target from about 100 next longterm USDollar DXY target is around 55 the time duration is roughly the same for each major wave I am not a bonafide expert with this stuff but I am reasonably well schooled in it THE NEXT MAJOR WAVE #3 WILL COINCIDE WITH GOLD'S it went from 265 to 385 in its major wave #1 120 points of potential was realized now the new major wave #3 for gold began at about 325 stockcharts.com[h,a]daclyyay[df][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G use the same arithmetic, with 50-60% larger upleg 180-192 pts up is the target from 325 next GOLD longterm target is 505-517** the next nearterm GOLD target can be calculated from the nice clear bull triangle low of 325, high of 375, gives 50 pts of potential so a nearterm target of 375 + 50 = 425 anyone who thinks this is crazy ??? get back to me in two years !!! first 425 GOLD, then 510 (this is all rough) / jim