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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (15632)12/19/2008 8:27:35 AM
From: Real Man  Respond to of 71475
 
The move higher for the dollar has not been cancelled just yet.
So please, respect strong support in 78-80 area. There are
times to buy and times for caution. Despite the Fed largesse,
gold remains technically in a correction (gold stocks in
a bear market), and the USD is in interim bull market.



To: Tommaso who wrote (15632)12/19/2008 10:09:17 AM
From: Real Man  Read Replies (1) | Respond to of 71475
 
Took profits on the hedges I put just Yesterday and rotated them
into more gold stock longs. Somehow I don't think we we'll see much
of a correction off 200 MA. It's probably over already. The
fundamentals are brutal here for the clownbuck, so gold looks
pretty strong. Actually I bought some crude too. Gulp!