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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TimbaBear who wrote (50573)5/4/2006 6:32:02 PM
From: Broken_Clock  Read Replies (2) | Respond to of 116555
 
85 is the key. A solid break below that and it's hello 80 in conjunction with gold way above $700. A break below 80 and POG will take out the all time high. By then a 30 year mortgage will be above 9% minimum. Home prices will get halved bare minimum.



To: TimbaBear who wrote (50573)5/4/2006 6:37:21 PM
From: patron_anejo_por_favor  Read Replies (4) | Respond to of 116555
 
That's the one I think is valid...we even had 2 failed neckline retests. It measures to 61:

stockcharts.com



To: TimbaBear who wrote (50573)5/4/2006 9:56:04 PM
From: LLCF  Respond to of 116555
 
< We all better hope that formation doesn't continue to unfold or we are looking at a minimum 50% haircut in USD.>

If hopes & dreams & if's and buts were candy and nuts we'd all have a hell of a x-mas! That's undoubtedly EXACTLY what we have to look forward to.

DAK


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