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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (22828)	9/20/2007 3:26:01 PM
From: prosperous	Respond to of 217739

Yes, possibly too fast too soon and has potential to pull back; however, it has been well cushioned on the downside. Its also possible we are breaking out after a long consolidation. Even if we are done cutting rates after another few hikes this may do well considering we are getting weaker in currency. If the attempt to rescue economy from recession (as advertised) indeed works then people could sell gold at the first rate hike (that may be a good heuristic); they will likely be sitting on good profit by then even buying at today's price.