Herr Dr. Pigeon;
We will see Dow below 7,500 or even lower than 5,000 Nasdaq will be in much below 2,000 for this decade to come.
Currently, we have seen very choppy market. It is a range trading for the last few months Dow within trading ranged of 10,300 to 10,800, Nasdaq within 3,000 to 4,300.
I shall see no Dow or Nasdaq trade above this range and I SHALL SEE Dow and Nasdaq will head new low, it is a matter of time.
Gold sector look very defensive at this price $275, so it is the best investment strategy at this junction BUY all you can at this price of $275 which is the lowest price you can get for this decade.
My strong suggestion is buy and hold gold stocks for the nest 6 months it will have a big returns. And I AM NOT KIDDING AT ALL FOR THIS KIND OF SUGGESTION.
PDG and ABX buy at this price is a big winner.
WRM is the best of my favorite GOLD PENNY stock, I have been buying this WRM, and I shall see WRM will be above $4.00 in the next decade to come. Today's price .38 is a steal. You can book mark this post and come back to me within a year or two if you did not make 200% in return of your investment capitals.
As I say before, I say it once more. I am not kidding at all.
Look at Dow and Nasdaq, after Alan Greenspan's Semi-annual Monetary policy, Both Dow and Nasdaq crashed and are ever ready to test new LOWS, We shall see what will happen.
John Paquet
BTW: Just a note, this is purely my observations of the market behavior and purely based on SEVERAL THEORIES that I have been implemented or applied. My theories of market trend and its apllications have proved very successful so far so good type. You see.
Good to talk to you again, Herr Dr. Pigeon. We shall get this thread more active again.
BTW2: When gold hit $300 and above, do'nt hesitate JUMP THE GUN get the hell out of other equities stocks and buy whole truck loads of gold major and gold penny stocks as that barrier is so crucial to breakout, once it break, it will no longer bear of the gold and gold stocks or gold pennies, you see. |