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Re: marginnayan post# 23080

Friday, 09/06/2002 10:40:22 AM

Friday, September 06, 2002 10:40:22 AM

Post# of 704041
marginnayan....

Sure, it is possible, but I think the pumping of the dollar is almost certainly the work of the PPT, and the buying of futures and index equities has the same pattern that the PPT uses. The fact that gold is green for the day is the only thing that runs counter to the normal pattern.

It makes sense for them to assist the rally - much more bang for their buck.

The relative strength of gold here when the dollar is very strong and the market on a big rally is very interesting - I think it portends a move higher.

Just my personal opinion, though.

mlsoft

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