Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (52788)	7/10/2001 8:54:21 PM
From: Real Man	Read Replies (1) of 94695

It's a bear market. Which means it will go lower and lower and lower until the valuations get utterly ridiculous and cheap. We are not at all near that point. So the pattern is a correction up, then a selloff, etc. until the markets prove otherwise... I think it's way too early to try to time the turn, or the prices are too high for that... Until then, sell all rallies - as simple as that... Nobody wants to time the gold bull, nobody even looks at gold, cause it always moves down. Gold trading volume is zero. Gold mining companies are often sold at 1/2 book. That's what secular bottoms are made of -g-

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