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

To: Canuck Dave who wrote (173709)	8/31/2009 9:38:39 PM
From: Proud Deplorable	Respond to of 313013

Put all your money into EC, it could be the next GAP...maybe even better.

To: Canuck Dave who wrote (173709)	9/1/2009 7:29:36 AM
From: TheSlowLane	Read Replies (1) \| Respond to of 313013

History Lesson: September Is Best Month for Gold We’re heading into September next week, so it’s a good time to revisit the historic seasonality of gold and gold stocks. Over the past four decades, September has been the best time for gold in terms of its month-over-month price appreciation. You can see this on the chart below – in a typical year, the price of gold in September rises 2.5 percent above its August price. The gold price has risen in 16 of the 20 Septembers since 1989, by far the best success ratio of any month of the year. kitco.com

To: Canuck Dave who wrote (173709)	9/1/2009 7:44:03 AM
From: TheSlowLane	Respond to of 313013

Here's an excerpt from Howard Katz regarding the (smaller) triangle we have been discussing: THE OVERLOOKED TRIANGLE If we look carefully at the weekly basis chart of gold, we find a large ascending triangle which started with the March ’08 peak and will break out if (when) gold breaks through $1,000. But there is also a smaller triangle, which has been overlooked because it will breakout at almost the same point and is sort of sandwiched in the tip end of the larger. Below are the two overlapping triangles: Note that the smaller triangle, which is of the symmetrical variety, will break out at about $980. Since Oct. gold is a little below 960, then a move of a bit more than $20 will do the job. Once this smaller triangle has broken out, we can expect a near term move to resistance (which is the Feb. 2009 top at $1,000) and then a pull back to the apex of the triangle (about $975). Then we can expect a more forceful advance as the triangle aims for its longer term price objective. This, of course, will move it above $1,000 and thus complete the breakout of the larger, ascending triangle. And this triangle has so much power that we can look for an important move in gold. kitco.com