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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (112596)4/25/2008 7:53:09 AM
From: ogi  Respond to of 313012
 
I would be happy if POG holds support around these levels until it can resume its upward trend. After decades in a bear market, gold is going from a jewelry demand commodity to an investment demand commodity. That investment demand now includes hundreds of millions of people in the developing world that were a non factor
30 years ago.

Cheers,
Ogi



To: SwampDogg who wrote (112596)4/25/2008 8:43:21 AM
From: rubbersoul  Respond to of 313012
 
875 is also Sinclair's area of support, I think. But IMO, the direction in gold ST won't be clear until next week after the Fed
meets.


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