At a bottom now for gold? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : At a bottom now for gold?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mikesloan who wrote (681)	7/17/1997 4:14:00 PM
From: Dale Schwartzenhauer	of 1911

The Dow is a mania in a parabolic curve. Our local news ran a headline story that said investors are missing out if they're not in the market. When it starts getting proclaimed on the 11 PM news, the bull market has aged considerably. My experience with gold shows that this same tendency occurred in 1980 at the top. I also have to continue adding more chart paper to the top of my S&P chart, the same way I had to do in 1980 to gold and mining charts. Once HM went up my wall and across the ceiling I should have known it was over. Anyway, I'd consider the current market very dangerous for anyone but a floor trader. Dale

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next