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

To: aknahow who wrote (61455)	5/19/2006 12:21:04 PM
From: orkrious	Respond to of 110194

Date: Fri May 19 2006 12:06 trotsky (@pm stocks) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved so much for the 'short term low is close' theory. it's hard to fight against both a 26 dollar down day in gold AND general market weakness. otoh, the gold stocks have already discounted an even BIGGER fall in the gold price. also, it's extremely rare to see them decline for 7 days running. the odds for a bounce are now extremely high, almost regardless of what the gold price does from here.