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Post# of 704048
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Taxmantoo

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Taxmantoo

Re: FinancialAdvisor post# 586018

Thursday, 03/20/2008 9:11:15 AM

Thursday, March 20, 2008 9:11:15 AM

Post# of 704048
One might argue that ^DJI is trying to double bottom. If it punches through the descending trendline drawn across the Dec and Feb highs, the argument for this would be stronger.

If you draw a trendline through the Dec and Feb lows on the GLD chart, it looks like GLD is trying to break down through that trendline. Interesting how the DJI chart is close to the inverse of the GLD chart, isn't it?
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