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

To: nspolar who wrote (5666)	5/1/2004 1:24:25 PM
From: TH	Read Replies (1) \| Respond to of 60911

nsp, I look forward to your dollar EW. I've been reading a little bit more about EW. Dollar down has many positives for the USA. I think it was around Jan 19 (plus or minus a few days), 2004 that Greenjeans publically stated this was a goal. Don't fight the Fed maybe? Any support for the dollar is artificial and will probably fail. Serious budget deficits, future entitlements, and the trade imbalance all bode well for additional dollar decline. Gold will benefit. Good Trading. I am off to serve my higher calling; golf. TH

To: nspolar who wrote (5666)	5/1/2004 9:45:56 PM
From: Jimbobwae	Read Replies (2) \| Respond to of 60911

N, Re: dollar EW Here is a message I received from a EW friend of mine in February: The price of gold is directly dependent on the $USD. The attached chart shows the $USD Weighted Index has made a temporary bottom or will soon and should try to retrace back to 92-94 then drop back down to 77-78. It will then make a big run back up in the 4th wave to 94-96 then make a drastic plunge down to ~70-72 as the deficit worsens and the US goes back into recession, maybe late 2005 or early 2006. Ultimately when the US Index hits the low 70's gold will be over $525 per oz and HUI will be in the range of 350-375. I know this sounds unbelievable but the US economy is all smoke and mirrors and Europe is not in good shape either. Regards, J ps. he also told me Gold was going to 373.00 when it was at 425 and I did not trade that idea. :<