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To: defenderSD

That's was my thinking too until I took a second glance. Markets look a little uneasy tonight and Asia, especially Hong Kong were weaker today. Maybe because China increased interest rates again? Gold is also smartly higher $625.90 cash on Kitco which is a heap better than the around $613.00 close last Friday.


69 posted on 08/21/2006 5:52:12 AM PDT by maytheforcebewithyou
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To: maytheforcebewithyou
There's going to be some selling today just because 8/22 is in the news, but unless it's a BIG selloff of over 150 points on the Dow Jones Industrials then it doesn't mean much. If we get a big 200 point drop in the DJIA then that could mean something serious will happen.

I did notice that one or two days after Ahmadinejad wrote his letter to Bush, the stock market started falling rapidly back in May. I think that may have been some Arab money moving out of the market, leading to a quick, hard selloff in May. But then the market stabilized well in June/July, so I don't expect anything serious to happen any time soon.

74 posted on 08/21/2006 6:02:48 AM PDT by defenderSD ("Rise early, work hard, strike oil." - J. Paul Getty)
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