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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: nextrade! who wrote (216230)	8/18/2009 9:33:23 PM
From: James Hutton	Respond to of 306849

"could 800's be in the cards soon?" Looks like gold is coming toward the point of a flag. I'm thinking of starting an October 93 straddle (that may be a bit early), cause I could see gold going up or down a lot, but I'm not sure in which direction.

To: nextrade! who wrote (216230)	8/19/2009 12:07:14 AM
From: John Vosilla	Read Replies (2) \| Respond to of 306849

Notice gold didn't do so well during the height of the last banking 15-20 years ago. Also what do the periods 1976-79 and 2002-07 have in common that caused gold to shoot up the way it did besides featuring two of our least popular presidents, control by one party and skyrocketing oil prices? Both ended with a serious recession but one had sky high interest rates and inflation while the other ended with generation lows in interest rates and some deflation.. Okay I'm still confused<g>