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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (107188)6/7/2001 5:50:25 PM
From: craig crawford  Read Replies (1) of 436258
 
there is another side to the coin. the flip side is, maybe the latest rally to $300 was the last sucker's rally that will get everyone bullish looking for that turn. you have to admit there was quite an uproar about gold recently, i never used to pay much attention to it myself. maybe the way to end the bear market in gold is to suck the last batch in and then slam it down to new lows shaking out everyone. then when it bounces up off the bottom people will just say things like short-covering, dead-cat bounce, etc when in fact it is really ready to climb. you might even have some recent gold bulls shorting it on the bounce.
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