Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mishedlo who wrote (16361)	7/10/2004 10:36:31 AM
From: jrhana	Read Replies (2) \| Respond to of 110194

DU=Dollar Up GU=Gold Up Jay Chen made to me a brilliant call earlier this year that the dollar was in a temporarily oversold condition and sold most everything to hold dollars So he was first in a DUEED mode Dollar Up Everything Else Down Message 19903883 The next step is the GUDDEED stage Gold Up Dollar Down Everything Else Down Message 20106867 Message 20167594 And so GU may be starting Message 20289215 Message 20293720 alltogether I believe brilliant maneuvers by Jay Chen Richard Russell incidentally has sort of been following a similar pattern <Next, let's take a look at the point&figure chart of gold. Each box on the chart below = 3 points in gold, and only rallies and declines of 12 points or more are shown. Gold is now at a very important level. As you can see on the chart, gold as of today has climbed above the red declining trendline. At the 408 box gold has clearly reversed to the upside. The price of 408 represents a "double-top breakout, in that it takes gold above two preceding Xs. Gold has already put in a price "target" or projection of 448. The base for gold is powerful, and it appears that the move into "real money" is on its way.> from 7/8/04