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To: Lucretius who wrote (286459)5/7/2004 8:54:06 AM
From: MythMan  Read Replies (1) | Respond to of 436258
 
got some guy on CNBC talking reason. Surprised they have him on the show.



To: Lucretius who wrote (286459)5/7/2004 9:08:56 AM
From: Michael Watkins  Read Replies (1) | Respond to of 436258
 
Not Gold, that's for sure.

gold is off big again.

USD is firming up against other major currencies, particularly USDJPY and EURUSD. EURUSD has moved below support now resistance again.

trendvue.com

Gold still remains below its upper most trading range and I'll repeat a comment I made a week or so ago elsewhere here - unless GC can regain that range and hold, the trend has changed in the big picture.

trendvue.com

All "tops" start this way" and in particular the 2B Test of Top (a marginal new high and failure) was a classic. One for the books.

Can you imagine being a bond holder these days? yuk.