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Epicenter Of Excess


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ok, ok, bird-brain here (cute though)..

 

Another quiet one here marketwise. Might be a bit more action this arvo after the painkillers and hairs-of-the-dog kick in. Thought golds would be on a run but only marginal green. Am expecting a panic buying rush on golds anytime now but doesn't look like it will be today.

 

Received newsletter from brokers re 2003: "Calendar 2003 should see a strong recovery on international equity markets. This recovery will be a surprise coming after such a long period of weakness particularly in the US."

 

I think I know who will be getting the SURPRISE.. heheh

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Some interesting charts...hopefully not too wide. By the way, is there a way to preview the width of the charts on this board before posting them, or is there a way for the software to tell you when your image is too wide? Thanks.

 

For entertainment purposes only

 

g122402.gif

 

c122402a.gif

 

courtesy of http://www.crystalball-forum.com/merlin/

 

MWSnap17.gif

 

Butties.jpg

 

 

 

Here's a good read that I found.

Analysis: Santa Bush and the dollar

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Oh Dem Golden Slippers (12/26/02)

 

Although the down phase could stretch out another two weeks, drunken tape jamming is a tradition this time of year.

 

It's like the Mummers Parade in Philadelphia, where on Noo Years day, 25,000 drunks and crazies, dressed up in silk and ostrich plumes, stutter step and stumble down Market Street playing banjos. A half million more frozen drunks are also stutter stepping and stumbling as the string bands strum and the strains of Golden Slippers reverberate in the frozen, windblown concrete canyons. It's called the Mummers Strut. If you watch the goings-on on Wall Street around the turn of the year, you know the feeling.

 

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edf100:

Quite a Yule Log you got there buddy :lol:

 

BTW for all you Gold bugs (and anybody else) Goldfinger just started on TNN. Uncut but with plenty of commercial interrupption. Gotta go watch it (for the umteemth time).

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The dollar looks like Mr. Hanky the Christmas poo...

 

Broke through 103 which was important and touched the August 17, 1998 high of 102.82 and is camped there as we speak. Doesn't look especially good heading into the new year as each share of USA Inc. heads to new lows. The impending 50d/200d crossover on the weekly charts inspires even more confidence let me tell you...

 

100 is the big number now...

 

SharpChartv05.ServletDriver?chart=$usd,uu[l,a]waclyyay[d19900101,20021226][pb50!b200!f][vc60][i][J5090800,Y]&pref=G.gif

 

 

 

One of my favorite charts to see what is possible...

 

SharpChartv05.ServletDriver?chart=$xau:$gold,uu[l,a]wallyyay[d19840101,20021226][pb50!b200!f][vc60][i].gif

 

 

The HUI version doesnt go back as far, but still worth a look...

 

SharpChartv05.ServletDriver?chart=$hui:$gold,uu[l,a]wallyyay[d19960101,20021226][pf][vc60][i].gif

 

Still holding a few baby new years longs and my goldies, Im the guy on the far right...

 

a10860.jpg

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As Mr T would say: I pity the fool who buys tech stocks and shuns PMs - sucka! :lol:

 

EDF, nice avatar, I have a Mr Hanky key chain. Next to Doc, he's my hero!

 

Wreckedhim, thanks for the compliment. We be breaking below that H&S target. Its just a matter of time. I bookmarked your link. Yes, big money is made by following the big pic & trend and keeping the analysis & trading simple - KISS!

 

Its also not so much about what to do and being precise and correct but what not to do and avoiding the obvious mistakes. He who waits for the perfect entry will keep waiting.

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