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RE: Channel Trading



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Be careful of the Dow and U.S. markets. The strong upmoves of the past
weeks are the best Bull Trap that I have seen for a long time.

Gold has, as previously indicated, hit the double bottom @ $338 and is
set for a move to at least $355 in the short term. All the gold shares,
despite the poor quarterly reports, have formed huge divergent buys in
oversold areas. Be careful of the industrial equity markets world wide.
Dr Clive Roffey