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I don't like equities, but it's hard to be bearish with all of the
breakouts and the recent consolidation which was pretty tight. I would have to
say equates are bullish until they show evidence to the contrary.
Gold has probably had its run for now. I expect it will consolidate before
moving higher. Attached is monthly chart showing rise into pretty tough overhead
resistance. Note consolidation behavior 4-15-35 and expect something a bit more
frothy and quicker breakout to north.
Earl
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