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ajtj99

06/26/06 11:14 AM

#81958 RE: chainik #81956

I don't think Hussman is going to be bullish on the market until 2016. I think he needs to broaden his focus and understand a bit more than underlying values. There are oscillations in the market that last 1-2 years that he is missing out on.
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Ace Hanlon

06/26/06 11:28 AM

#81961 RE: chainik #81956

I think we will be in a gold trading range for quite some time. $550 to $620 or so.

Buying the dips OK but buying significant strength dangerous at this stage IMHO.

I do not expect another sustained move higher in the gold complex until late 2006 at the earliest -- barring a US/Iran war.