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

To: ild who wrote (26050)	2/8/2005 2:00:06 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 110194

Are you considering SA golds? yes, i have started retaking some gold miner positions which i sold in October/November, along with GLD. although the miners have sold off since that time, it hasn't been severe carnage like i thought might happen (maybe they were just waiting for me to get back on board -g-). i think Russ mentioned the 200 dma of POG. it is also sitting right on top of the 40 week MA. stockcharts.com OTOH, USD looks like it could run all the way up to 86.5 resistance for 200 dma and 40 wma. the weekly chart in particular is interesting in the way it has restrained previous USD breakouts. stockcharts.com so, it would be interesting, i think, if POG could start to bottom here in the 410 area, even if USD has a bit more upside. it seems a lot of gold bulls have been looking forward to the day when gold can break out against ALL currencies, instead of just USD.