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Strategies & Market Trends : Mike's Big Adventure Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (190)1/28/2004 5:24:46 PM
From: Square_Dealings  Respond to of 1791
 
retired

Im still bullish gold, people still afraid of further selling. It could happen I guess tomorrow will be important. But so far as long as they hold the lows of Jan 15 I think this is still a likely spot for a turn.

This could get real interesting if Asia decides to increase gold reserves..

futuresource.com

If bonds are going to sell off with the stock market that only leaves gold imo. I would like to see crude turn up here to confirm.

M



To: re3 who wrote (190)1/28/2004 6:35:18 PM
From: Square_Dealings  Respond to of 1791
 
Another note: the huge increase in volatility in the price of gold is pre-cursor to a big move. My bet is up.

The central banks are fighting over who keeps the gold and who is left holding the paper bag.

M