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Gold Silver Platinum etc...
5/5/2009 2:39:49 AM

77
77
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The timing of the advance with the opening of equities suggests that hedge funds were buyers of gold ETFs at the open.

Trade rallied nearly $17.00/oz within ten minutes yesterday shortly after the open of the U.S. stock market. Reports from traders later said that two 3,000 lot buy orders pushed through the market were responsible for the gain.

8)
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5/7/2009 1:11:38 AM

Tradz618
Tradz618
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Those are some big orders.

I have a very good idea why those order were placed for yesterday, based on a cycle technique.

The real question was who? This would be very interesting because THEY are the smart money.

Just wait and watch. The low is already in.

Just my opine based on knowledge of cycles.
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5/7/2009 2:12:16 AM

77
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love your nick, i've always watched the fibs

gold does not usually go up into the summer, weakens for the big buy in the early fall

right now it's said 'major buy stops just above 920'

so if they can rock it up thru there something would be happening!
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5/7/2009 2:39:14 AM

Tradz618
Tradz618
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There will be a nice run up if it breaks 920, otherwise we may see the 720 area upon breaking the 860s(if memory isn't failing).
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5/11/2009 11:53:11 AM

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most people, including me, don't think it can break 800

we had a triple bottom hold at 865

888 is the .382 fib
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7/3/2009 2:30:45 AM

yungrader
yungrader
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start stuffing your pillow with some yellow bars....
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1/7/2010 5:47:11 PM



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