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johnyholiday

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July 31st Blogger Sentiment Poll " ~63% don't know whats going on PWK , sorta like this place"

EHH I am trying to figure out if that is a shot or not. 63

percent of the people on this forum might take that a bit personal.

You

want to ague {fit of chill} johny's perception ,of a perception, to a

perceived spirit, as you perceived, the perception!? BAH HA HA ~63.01% THE SYMPHONY OF DESTRUCTION GROWS, EVERYBODY! SWING TO THE SOUND OF THE SYMPHONY

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OIL! Energy

companies in this Index primarily develop and produce crude oil and

natural gas, and provide drilling and other energy-related services.

Leaders in the group include ExxonMobil Corp.,ChevronTexaco Corp, and

ConocoPhillips.WHY!!? is the smart money leaving,like Clarence, you got to know when to fold em, ~ALL DISCLAIMERS APPLY~ ..........................................Energy Select S (XLE.SP500)

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An that 4 YEAR CYCLE is still looming out there, unless this last correction was it?,or does

recession, depression, repression{softlanding?,OIL FALLS,GOLD FALLS ,

DOLLAR STRENTHENS } show up later,only in the fullness of time shall we

know ,....PWK "Greenwich time, here time, there time, 3 WATCHES SAVES TIME".........~all disclaimers apply~

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Favorite Investment Quote? "There is only one side to the stock market;

and it is not the bull side or the bear side, but the right side." -

Jesse Livermore .......Oil is still teasing us with a head and

shoulders pattern in-the-making. Of course, until that NECKLINE IS BROKEN, which may or may not happen, this pattern doesn't mean squat. It's HAS to push through the area highlighted in YELLOW , and then it's going to get the poo kicked out of it. ~ ALL DISCLAIMER APPLY~

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GOLD is now sitting on its support for the 3rd time since the June 2006 breakdown. Here is where GOLD lovers should keep their eyes

open ... If GOLD breaks below this support, then that would indicate another down leg in GOLD prices, and a good probability that OIL prices will soften and move to the downside.

Today's updated GOLD chart is below, and we did break support to the downside.

The GOLD chart could be telling us one of two things, or possible both ...

1. That OIL prices are peaking and may drop to $50 or $60 per barrel, or ...

2. That Bernanke is waging an effective battle in slowing down inflation. ~ALL DISCLAIMERS APPLY~

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yes colin the world beehive seems to be buzzing, even china raised

rates to slow things down at home, THEY LIKE GOLD AN OIL TOO, 64k

dollar question. will recession pull the equity market down with it,or

will it climb the wall of worry,......johny productions..... presents

............................[{]THE WORLD[}]

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