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Frank Pembleton

05/12/06 3:41 PM

#15725 RE: ItsAllCyclical #15723

IAC ... right or wrong, here's what I'm thinking:

I like natural gas and for the sake argument let's say $7 is now the natural price-- a multiplication of 6 gives us the price of oil ($42) and a multiplication of 15 barrels of oil give us the price of gold at $630 and a multiplication of gold into the dow30 of say 20 gives us 12600

Getting everything back into equilibrium with the HUI exhibiting a basing pattern of reasonable length would have me back in to this sector, but as long as the metals continue to be on the front page of the papers...

I'll sit it out, until it's not.