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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 (66496)	7/20/2006 11:27:16 AM
From: yard_man	Respond to of 110194

OT: I get a lot of spam lately and I've noticed that all the messages utilize some kind of program to stick in a whole bunch of random words -- I guess this is to prevent being blocked? wouldn't it be a simple thing for there to be a checker in the mail program to look for this sort of random deal and block all of those, too??

To: ild who wrote (66496)	7/20/2006 11:35:10 AM
From: orkrious	Read Replies (1) \| Respond to of 110194

Date: Thu Jul 20 2006 11:00 trotsky (Fiendster) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved "stumbled across "Jim Cramer". What is up with that guy? It was facinating and disgusting at the same time. " rumor has it that he fell into a vat of ephedrine as a small child.

To: ild who wrote (66496)	7/20/2006 1:29:58 PM
From: orkrious	Read Replies (1) \| Respond to of 110194

Date: Thu Jul 20 2006 12:17 trotsky (Hambone@e-wavers) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved Kapex postet that this was the scenario he expected. he termed the recent up-wave a b-wave. i harbor some doubts however - mainly because sentiment in b waves tends to become very bullish - and sentiment has been extremely cautious for the entire move. it's quite possible though that gold and gold stocks have somewhat different counts. imo the most likely wave count for the XAU is that the Feb-March decline was an A, the March-May rally a B and the May-June decline a C. this doesn't necessarily mean that the correction is over. it's possible that the recent move up was an X wave ultimately separating TWO a-b-c structures. this would then fit well with a count for gold that evolves in the manner you suggested. however, it is too early to tell for sure imo. sentiment and money flow data don't really support the medium term bear case here. not even yesterday's strong rally was able to kindle any enthusiasm on the part of option traders for instance. XAU p/c volume ratio came in at 0.90 yesterday - not as extreme as the day before by a long shot ( 2.89 the day before yesterday ) , but remarkably high for a strong up day. i guess it all depends on how soon the market begins to discount the coming steepening of the yield curve.

To: ild who wrote (66496)	7/20/2006 11:52:33 PM
From: yard_man	Read Replies (1) \| Respond to of 110194

unusual record volume in the XLF yesterday?? ... don't know if bigcharts is right, but it sticks out like a sore thumb on a longer term chart. Huge put position this month at 32 -- will be interesting to see what happens next week with it -- continuation or ...