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


To: 8bits who wrote (69764)9/14/2006 11:11:22 AM
From: bart13  Respond to of 110194
 

So if I am reading the charts correctly it looks as if gold is predicted (with this model) to bottom around $550 in mid October then quickly rebound to over $750 by mid December...?


Pretty much, and best guess the bottom will come a bit early and the peak closer to Jan 1.


Is the Jesse L formula, Jesse Livermore..?


No, assuming the one you're talking about uses M3 and HUI prices. The limited testing I've done of it showed it hasn't done very well in "Phase II" of the gold bull.