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

To: dara who wrote (124742)	7/22/2008 10:20:13 AM
From: DetectiveT	Respond to of 314045

Also with the cash too, so ADM is loaded in more ways than one! I still have lots from higher prices(4 to 5$) and am not selling here! ADM has been a favorite of mine since I bought it in the 1.35$ range two years ago. I see now that ADM is coming off as sellers have come out. Hopefully this news will still really sink in with a day or two delay like last Oct when it had great news at 4.25 went sideways for a day or two and then blasted off over 5$. Hoping but not expecting that in this market and during the summer doldrums! Hopefully this news will raise the floor of support from 3$ to at least 3.50$. Shall see. Thanks again, DT

To: dara who wrote (124742)	7/23/2008 2:43:19 PM
From: Amark$p	Read Replies (1) \| Respond to of 314045

martin m sighting... Gold prices, which had risen sharply in early going yesterday, tumbled in later trading to end the session down $15.20 (U.S.) an ounce at $948.50 in New York, bringing the total decline off last week's four-month high to $29. And further weakness may be in the offing in the near term, unless there is another major market crisis, that is. Martin Murenbeeld, chief economist at Dundee Wealth Management Ltd., said gold could even fall through the $900 level in the short term if no new major crisis like the Fannie Mae and Freddie Mac blow-up over the past several weeks materializes. Stocks of the two U.S. government-sponsored mortgage lenders were pummelled over concerns about their financial health. Even if gold were to break through $900, he doesn't see it dropping below $850, which is where a technical support line comes in. And that doesn't change his longer-term view of gold. Mr. Murenbeeld still expects it will rise, which would be in keeping with the general trend this year.