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

To: orkrious who wrote (69729)	9/13/2006 8:29:30 PM
From: bart13	Respond to of 110194

I'm not sure what you are trying to show. Regardless, my point was about the miners/HUI, which crushed people in four days (17% for me). That's bull market kind of action (unless of course we're at the apex, about to go from a bull to a bear <g>). I was just trying to show the selling pressure on the COMEX/CRIMEX via a chart comparing spot to various futures contracts. On the short term, I call what we have a bear - or correction if you prefer - from the $730s, and as long as sellers and crooks push prices down on a relative basis - it'll continue. Nothing more complex than that, and its also just one indicator... and all I'm saying is to just look at it. Gold has been flat to down since late July or so when the chart pattern changed.