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

To: blind-geezer who wrote (17191)	11/26/2004 11:03:26 PM
From: Square_Dealings	Respond to of 60927

That is a bearish pattern. Its called three peaks and a dome which you can find on a lot of US stocks. GE is a really good example. See the three peaks and now we are in the dome.http://stockcharts.com/def/servlet/SC.web?c=ge,uu[h,a]dacaynay[de][pc40!b8!f]&pref=G More on 3 peaks sandspring.com If you see the weekly of the RAND chart you can see the three peaks, and its putting in the dome now. stockcharts.com[w,a]waclyyay[df][pc20!c10!f][vc60][iLa12,26,9!Lah12,26,9]&pref=G It may take a bit to complete the dome but when the Rand turns down is when you want to be on these SA stocks. Actually if you look at the inverse of the USD chart you can see the same pattern. Which tells me we are nearing the end of the dollar fall. I think gold will really take off when the dollar starts moving up again because interest rates will be going up and the stock market will be going down. stockcharts.com[h,a]wacaynay[df][pc40!b8!f]&pref=G Gold lease rates are important because as interest rates go up it puts and end to the gold carry trade which is the the practice of loaning out gold for virtually nothing and using the money to pump up stuff like Google stock and bonds kitco.com M.