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<font size=3>-----Oprindelig meddelelse-----<br>
Fra: Stig O <olausson@xxxxxxxxxx><br>
Til: realtraders@xxxxxxxxxxxxxxx
<realtraders@xxxxxxxxxxxxxxx><br>
Dato: 21. maj 2000 00:49<br>
Emne: Let's talk abot gold? 3<br>
<br>
<br>
With the help of the 8 year cycle and static fib cycles we have (perhaps
not very precise, but we are talking 25 years of data) <br>
a time window for a long term trend change.<br>
The reason that the bottom doesn't fit so nice with the theoretical
cycle, is that in bearmarkets time stretches out in the downward
direction, so the low will materialize after the cycle low.<br>
Since this is not the case (so far...) at the 2000 bottom, this could
indicate that we are in for an 4 year upmove?<br>
<br>
Please also note the break failure (so far...) at the 78,6% retracement
line. these failure (if they are Failures. They can also be warnings of
things to come....) usually produces powerful moves in the other
direction. In this case - Up.<br>
<br>
The previous chart was more concerned with the short to medium term
outlook, while this chart indicates that we COULD be starting a new
bullmarket soon.<br>
more....<br>
<br>
<br>
<br>
<br>
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Attachment Converted: "f:\eudora\attach\goldcycles long.gif"
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