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JER3CUBE@xxxxxxx wrote:
> In a message dated 12/29/98 2:12:17 PM Eastern Standard Time,
> nwinski@xxxxxxxxxxxxxxx writes:
>
> << Can weather be taxed? >>
> If they can figure out how to bottle it, it will be taxed. Count on it.
> HAPPY NEW YEAR!
> Norm, do you have any brief for Copper?
JER, No, my briefs are cotton. However, the major cycles indicate that
there will be a copper rally in the first quarter of 1999. I have been long
for many months and will continue to hold if sideways, accumulate at lower
prices, or reduce my position on a sizeable rally. But, I do think time is
running out on the downside before the big rally comes. Once the big rally is
underway, Look for a 20-30% up move in prices from the low swing price, i.e.
if 65 cents is the low then my target = 84.5 cents. .
Non-ferriously,
Norman
> I see, on Decision Point Message Boards @ AOL.com a number of traders
> want to follow the current set up and bounce.
> Others figure we will see 58+ first.
> Gold looks dead.
> ACCORDING TO YOUR WORK, should I be looking at the "buy side" of
> either of these?
> THANKS,
> GerryB/jer33:3/eccl 1:9
> PS to you earlier comments I would add, Gann taught "spiritual astrology,"
> but if you told anyone that you would scare them away.
> GB
P.S. Gann got "spiritual" toward the end of his life after he assesed the
trail of ruin he left behind among his family, friends, partners, and
students. Unfortunately, it was probably too little too late.
Gann was mathematical market whiz but his huge ego and personal drives turned
his personal relationships into a road of ruin. Material accumulation and
painting everything purple doesn't guarantee happiness.
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