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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (4915)	4/25/2004 8:55:41 PM
From: SwampDogg	Respond to of 60924

A great illustration here: bigcharts.marketwatch.com Breakout of massive inverse H&S measures to 150 which is the top in the mid '90s (a perfect place for Primary Wave 1 up to end). The longer term Wave 2 would then bounce between 90-150. After the breakout the index has done a perfect retest of the neckline and bullish sentiment has collapsed. The gold market is really only in trouble if the XAU gets firmly below that neckline. I like a good rally here and it should be pretty obvious by the power if this is going to new highs.