russ, i really think you might be early on some of this non-resource stuff .... now i know you're a brilliant guy, you work hard and well at this sussing out of possibilities, you get a lot right, you certainly called gold juniors just about perfectly when you came along and invigourated the old G&SMS thread almost two years ago ... and i'm just a normal joe out here on the edge of the world, with a few years of experience at speculation but no professionalism on it at all, strictly amateur seat of the pants stuff .... but it just seems too early to me, too many people still looking for the bottom, only two and a half years passed since the peak of the bubble, i think the bear in non-golds has a ways to run yet
This could change if we get an October Event, maybe ... short sharp dramatic flush ... it's hard to see how one would develop though, a lot of those charts look like they're getting defended every step of the way down, like somebody on high has decreed 'let em down easy' .... but the trend is your friend, they say, and the trend is clearly down, in general
Not that it's automatic or anything ... post from Earlie - #reply-18076758 ... bears have to watch out too ... but they're going with the flow, and looking for long non-gold picks here is going against the flow .... for sure there will be exceptions - in the bulliest of bull markets there are new lows every day, in the deepest of bears there are a few who will buck the trend .... it's just that i think in this market, those few making highs will tend to be golds -g- .... maybe this could change by December, sure it could, second week of the month finding a low that looks like a buy zone after january effect and all ..... yeah, maybe ... or, maybe not ...
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