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To: Moominoid who wrote (134849)7/28/2006 1:16:12 AM
From: crustyoldprospector  Read Replies (1) | Respond to of 209892
 
This chart may be good for a laugh ... SPX priced in gold. Wave structure does look very clean, however one labels it:

ttrader.com

I'm no serious student of e-wave, but you might get a flavor for my thinking, squirrely labelling or not.

Given that HUI looks like it's rolling over (IMO), I'd say gold stays in a trading range (at best) and SPX is in for a tumble here. Money on USPIX and SPPIX right now.

crusty