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Re: FinancialAdvisor post# 10200

Friday, 08/05/2005 1:05:25 PM

Friday, August 05, 2005 1:05:25 PM

Post# of 25966
FA, agreed about gold

Something seemed fishy all week
These "pro's" saying gold was no longer a currency story and de-coupling.
Pumper bullshit

Where we dis-agree, as usual lol, are the broad markets. This is just a test again. Markets hit resistance and reversed. Normal price action
These markets follow the usd now which i brought up at the beginning of this leg
The usd is retesting it's bottom breakout

This could change though..we have to watch and see.

A case in point, the broad averages made a bunch of new highs..and yea they were pumped by the media, a little.
But the oil story trumped them all.
When they pump the real top in equities it should be apart from oil, and IMO with a surging usd

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