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Post# of 704019
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basserdan

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basserdan

Re: cycle dude post# 397884

Saturday, 06/04/2005 3:09:07 PM

Saturday, June 04, 2005 3:09:07 PM

Post# of 704019
bullish gold development, rising red line (commercials)....
===============================================================

Hi Cycle dude,
I've been looking at the 'usual' COMEX CoT commercial trader data with the hope of correlating those figures with the numbers in the chart you submitted with your post.

So far, I'm drawing blanks and could use some help from you.

Can you please tell me what that red line represents and why you state it to be a "bullish gold development?"

What do the numbers 16205.00 and 11877.00 represent?

Thank you.

In edit: These are the numbers (bottom of page) I'm looking at.

http://www.softwarenorth.net/cot/current/charts/GC.png


Dan

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