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


To: gold$10k who wrote (16196)11/6/2004 5:57:38 PM
From: yard_man  Read Replies (1) | Respond to of 60927
 
probably a decent spec, with a stop -- looking at the 2-3 year chart -- I'd wait for the 50 dma to move above the 200 dma -- or at least for the 50 dma to flatten out before trying --

look what buying the last two breakouts of the 50 dma got a guy

stockcharts.com[h,a]dacaynay[pb50!b200!f]&pref=G

If I were a betting man, I would bet a serious bond rally commences on Tuesday - Thursday at the latest

As a sidenote -- I don't think the spread of rates is supportive of this being a legit breakout -- I am going to check on the Rydex ratio on Monday -- do you have that by any chance -- bull:bear ratio??



To: gold$10k who wrote (16196)12/7/2004 5:01:33 PM
From: SOROS  Respond to of 60927
 
Look at this garbage. This is how they spin 100 point loss on the Dow:

"Blue chips suffered their first triple-digit decline in three weeks and the Nasdaq its biggest point loss in six weeks Tuesday, as markets took a breather to consolidate recent gains. "

A BREATHER TO CONSOLIDATE!

Of course, the PM markets are declining at a rate almost 3 times as fast because it's a barbaric relic and useless except to crazy people. No "consolidating" going on here. No, it's going down because it's crap and never really should have gone up. Krudlow and Crammer sure know their stuff. I heard them call Krudlow an "economist extraordinaire."

I remain,

SOROS (getting more irritated by the day and really wanted a derivatives blowup)